PB Fintech Ltd posts Rs. 11.41 crores consolidated loss in Q1 FY2024

PB Fintech Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 756.7482 crores during the period ended June 30, 2023 as compared to Rs. 951.3350 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -11.4160 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -8.9509 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -0.26 for the period ended June 30, 2023 as compared to Rs. -0.20 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹756.7482 crs	₹951.3350 crs	-20.45%
Net Profit	₹-11.4160 crs	₹-8.9509 crs	27.54%
EPS	₹-0.26	₹-0.20	30.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.756.7482 crores during the period ended June 30, 2023 as compared to Rs.552.6656 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-11.4160 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-204.3340 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-0.26 for the period ended June 30, 2023 as compared to Rs.-4.62 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹756.7482 crs	₹552.6656 crs	36.93%
Net Profit	₹-11.4160 crs	₹-204.3340 crs	94.41%
EPS	₹-0.26	₹-4.62	94.37%

Shares of PB Fintech Ltd was last trading in BSE at Rs. 797.75 as compared to the previous close of Rs. 781.40. The total number of shares traded during the day was 99373 in over 6696 trades.

The stock hit an intraday high of Rs. 807.60 and intraday low of 773.10. The net turnover during the day was Rs. 78438160.00.

Source : Equity Bulls

Keywords

PBFintech Q1FY24 ResultUpdate