Religare Enterprises Ltd consolidated Q1FY24 PAT at Rs. 92.52 crores

Religare Enterprises Limited 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. 1302.4641 crores during the period ended June 30, 2023 as compared to Rs. 1460.2313 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 92.5250 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3517.0890 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.90 for the period ended June 30, 2023 as compared to Rs. 105.91 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1302.4641 crs	₹1460.2313 crs	-10.80%
Net Profit	₹92.5250 crs	₹3517.0890 crs	-97.37%
EPS	₹1.90	₹105.91	-98.21%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1302.4641 crores during the period ended June 30, 2023 as compared to Rs.1051.0689 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.92.5250 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-76.2006 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.90 for the period ended June 30, 2023 as compared to Rs.-2.38 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1302.4641 crs	₹1051.0689 crs	23.92%
Net Profit	₹92.5250 crs	₹-76.2006 crs	221.42%
EPS	₹1.90	₹-2.38	179.83%

Shares of Religare Enterprises Limited was last trading in BSE at Rs. 204.35 as compared to the previous close of Rs. 207.20. The total number of shares traded during the day was 494975 in over 8576 trades.

The stock hit an intraday high of Rs. 217.95 and intraday low of 201.05. The net turnover during the day was Rs. 105082991.00.

Source : Equity Bulls

Keywords

ReligareEnterprises Q1FY24 ResultUpdate