Gowra Leasing and Finance Ltd Q1 FY2024 net profit climbs to Rs. 1.07 crore

GOWRA LEASING & FINANCE LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2.4225 crores during the period ended June 30, 2023 as compared to Rs. 0.6115 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 1.0788 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.2074 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.60 for the period ended June 30, 2023 as compared to Rs. 0.69 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2.4225 crs	₹0.6115 crs	296.16%
Net Profit	₹1.0788 crs	₹0.2074 crs	420.15%
EPS	₹3.60	₹0.69	421.74%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2.4225 crores during the period ended June 30, 2023 as compared to Rs.0.3720 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.1.0788 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1709 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.60 for the period ended June 30, 2023 as compared to Rs.0.57 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2.4225 crs	₹0.3720 crs	551.21%
Net Profit	₹1.0788 crs	₹0.1709 crs	531.25%
EPS	₹3.60	₹0.57	531.58%

Shares of GOWRA LEASING & FINANCE LTD. was last trading in BSE at Rs. 20.99 as compared to the previous close of Rs. 21.31. The total number of shares traded during the day was 3468 in over 21 trades.

The stock hit an intraday high of Rs. 22.37 and intraday low of 20.25. The net turnover during the day was Rs. 70967.00.

Source : Equity Bulls

Keywords

GowraLeasingandFinance Q1FY24 ResultUpdate