K Z Leasing and Finance Ltd Q2FY24 PAT drops QoQ to Rs. 33.92 lakhs

K.Z.LEASING & FINANCE LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1.4670 crores during the period ended September 30, 2023 as compared to Rs. 2.7952 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.3392 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.6518 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.12 for the period ended September 30, 2023 as compared to Rs. 5.43 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 1.4670 crs	₹2.7952 crs	-47.52%
Net Profit	₹0.3392 crs	₹1.6518 crs	-79.46%
EPS	₹1.12	₹5.43	-79.37%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.4670 crores during the period ended September 30, 2023 as compared to Rs.0.5699 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.3392 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.3086 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.12 for the period ended September 30, 2023 as compared to Rs.1.01 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 1.4670 crs	₹0.5699 crs	157.41%
Net Profit	₹0.3392 crs	₹0.3086 crs	9.92%
EPS	₹1.12	₹1.01	10.89%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4.2622 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.9314 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.991 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.3818 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.55 for the 6 Months period ended September 30, 2023 as compared to Rs.1.26 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹4.2622 crs	₹0.9314 crs	357.61%
Net Profit	₹1.991 crs	₹0.3818 crs	421.48%
EPS	₹6.55	₹1.26	419.84%

Shares of K.Z.LEASING & FINANCE LTD. was last trading in BSE at Rs. 24.72 as compared to the previous close of Rs. 25.21. The total number of shares traded during the day was 100 in over 1 trades.

The stock hit an intraday high of Rs. 24.72 and intraday low of 24.72. The net turnover during the day was Rs. 2472.00.

Source : Equity Bulls

Keywords

KZLeasingandFinance Q2FY24 H1FY24 ResultUpdate