Arman Financial Services Ltd consolidated Q2 FY2024 PAT at Rs. 40.81 crores

Arman Financial Services Limited 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. 160.3338 crores during the period ended September 30, 2023 as compared to Rs. 149.5080 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 40.8155 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 39.9387 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 43.51 for the period ended September 30, 2023 as compared to Rs. 43.68 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 160.3338 crs	₹149.5080 crs	7.24%
Net Profit	₹40.8155 crs	₹39.9387 crs	2.20%
EPS	₹43.51	₹43.68	-0.39%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 160.3338 crores during the period ended September 30, 2023 as compared to Rs.92.6496 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.40.8155 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.19.9221 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.43.51 for the period ended September 30, 2023 as compared to Rs.23.44 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 160.3338 crs	₹92.6496 crs	73.05%
Net Profit	₹40.8155 crs	₹19.9221 crs	104.88%
EPS	₹43.51	₹23.44	85.62%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.309.8418 crores during the 6 Months period ended September 30, 2023 as compared to Rs.171.5501 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.80.7541 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.35.6366 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.87.18 for the 6 Months period ended September 30, 2023 as compared to Rs.41.94 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹309.8418 crs	₹171.5501 crs	80.61%
Net Profit	₹80.7541 crs	₹35.6366 crs	126.60%
EPS	₹87.18	₹41.94	107.87%

Shares of Arman Financial Services Limited was last trading in BSE at Rs. 2363.80 as compared to the previous close of Rs. 2379.60. The total number of shares traded during the day was 1051 in over 300 trades.

The stock hit an intraday high of Rs. 2402.20 and intraday low of 2348.90. The net turnover during the day was Rs. 2490200.00.

Source : Equity Bulls

Keywords

ArmanFinancialServices Q2FY24 H1FY24 ResultUpdate