Stock Report

Emerald Finance Ltd Q2 FY24 consolidated PAT up at Rs. 94.91 lakhs

Posted On : 2023-10-12 21:56:38( TIMEZONE : IST )

Emerald Leasing Finance & Investment Company Ltd has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3.26184 crores during the period ended September 30, 2023 as compared to Rs. 2.7780 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.9491 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.8583 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.315 for the period ended September 30, 2023 as compared to Rs. 0.285 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 3.26184 crs	₹2.7780 crs	17.42%
Net Profit	₹0.9491 crs	₹0.8583 crs	10.58%
EPS	₹0.315	₹0.285	10.53%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.26184 crores during the period ended September 30, 2023 as compared to Rs.2.4224 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.9491 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.5724 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.315 for the period ended September 30, 2023 as compared to Rs.0.197 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 3.26184 crs	₹2.4224 crs	34.65%
Net Profit	₹0.9491 crs	₹0.5724 crs	65.81%
EPS	₹0.315	₹0.197	59.90%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.0399 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.6539 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.8074 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.0754 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.60 for the 6 Months period ended September 30, 2023 as compared to Rs.0.37 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹6.0399 crs	₹4.6539 crs	29.78%
Net Profit	₹1.8074 crs	₹1.0754 crs	68.07%
EPS	₹0.60	₹0.37	62.16%

Shares of Emerald Leasing Finance & Investment Company Ltd was last trading in BSE at Rs. 19.36 as compared to the previous close of Rs. 19.05. The total number of shares traded during the day was 30255 in over 119 trades.

The stock hit an intraday high of Rs. 19.50 and intraday low of 18.75. The net turnover during the day was Rs. 578385.00.