SMIFS Capital Markets Ltd reports Rs. 6.61 lakhs consolidated net profit in Q1FY24

SMIFS CAPITAL MARKETS 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. 13.0621 crores during the period ended June 30, 2023 as compared to Rs. 11.6830 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.0661 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.2767 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.12 for the period ended June 30, 2023 as compared to Rs. 0.50 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 13.0621 crs	₹11.6830 crs	11.80%
Net Profit	₹0.0661 crs	₹0.2767 crs	-76.11%
EPS	₹0.12	₹0.50	-76.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 13.0621 crores during the period ended June 30, 2023 as compared to Rs.17.1027 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.0661 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1502 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.12 for the period ended June 30, 2023 as compared to Rs.0.27 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 13.0621 crs	₹17.1027 crs	-23.63%
Net Profit	₹0.0661 crs	₹0.1502 crs	-55.99%
EPS	₹0.12	₹0.27	-55.56%

Shares of SMIFS CAPITAL MARKETS LTD. was last trading in BSE at Rs. 39.76 as compared to the previous close of Rs. 40.00. The total number of shares traded during the day was 601 in over 7 trades.

The stock hit an intraday high of Rs. 40.89 and intraday low of 39.28. The net turnover during the day was Rs. 24276.00.

Source : Equity Bulls

Keywords

SMIFSCapitalMarkets Q1FY24 ResultUpdate