SBFC Finance Ltd Q1FY24 net profit at Rs. 46.96 crores

SBFC Finance Limited 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. 229.930 crores during the period ended June 30, 2023 as compared to Rs. 208.673 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 46.969 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 42.762 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.49 for the period ended June 30, 2023 as compared to Rs. 0.44 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 229.930 crs	₹208.673 crs	10.19%
Net Profit	₹46.969 crs	₹42.762 crs	9.84%
EPS	₹0.49	₹0.44	11.36%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 229.930 crores during the period ended June 30, 2023 as compared to Rs.160.125 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.46.969 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.32.066 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.49 for the period ended June 30, 2023 as compared to Rs.0.36 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 229.930 crs	₹160.125 crs	43.59%
Net Profit	₹46.969 crs	₹32.066 crs	46.48%
EPS	₹0.49	₹0.36	36.11%

Shares of SBFC Finance Limited was last trading in BSE at Rs. 86.06 as compared to the previous close of Rs. 86.93. The total number of shares traded during the day was 60443 in over 927 trades.

The stock hit an intraday high of Rs. 87.50 and intraday low of 85.80. The net turnover during the day was Rs. 5232531.00.

Source : Equity Bulls

Keywords

SBFCFinance Q1FY24 ResultUpdate