Credent Global Finance Ltd Q1 FY24 consolidated net profit at Rs. 37.20 lakhs

Oracle Credit 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. 2.6980 crores during the period ended June 30, 2023 as compared to Rs. 15.7390 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.3720 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 5.1844 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.536 for the period ended June 30, 2023 as compared to Rs. 7.473 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹2.6980 crs	₹15.7390 crs	-82.86%
Net Profit	₹0.3720 crs	₹5.1844 crs	-92.82%
EPS	₹0.536	₹7.473	-92.83%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.2.6980 crores during the period ended June 30, 2023 as compared to Rs.1.0024 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.3720 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.4364 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.536 for the period ended June 30, 2023 as compared to Rs.0.535 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹2.6980 crs	₹1.0024 crs	169.15%
Net Profit	₹0.3720 crs	₹0.4364 crs	-14.76%
EPS	₹0.536	₹0.535	0.19%

Shares of Oracle Credit Ltd was last trading in BSE at Rs. 142.90 as compared to the previous close of Rs. 144.00. The total number of shares traded during the day was 2860 in over 55 trades.

The stock hit an intraday high of Rs. 148.00 and intraday low of 141.50. The net turnover during the day was Rs. 413724.00.

Source : Equity Bulls

Keywords

CredentGlobalFinance Q1FY24 ResultUpdate