Stock Report

PB Fintech Ltd posts Rs. 20.24 crores consolidated loss in Q2 FY2024

Posted On : 2023-11-05 23:20:43( TIMEZONE : IST )

PB Fintech 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. 909.1222 crores during the period ended September 30, 2023 as compared to Rs. 756.7482 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. -20.2438 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -11.4160 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. -0.45 for the period ended September 30, 2023 as compared to Rs. -0.26 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 909.1222 crs	₹756.7482 crs	20.14%
Net Profit	₹-20.2438 crs	₹-11.4160 crs	77.33%
EPS	₹-0.45	₹-0.26	73.08%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 909.1222 crores during the period ended September 30, 2023 as compared to Rs.633.8388 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-20.2438 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-186.6392 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.-0.45 for the period ended September 30, 2023 as compared to Rs.-4.19 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 909.1222 crs	₹633.8388 crs	43.43%
Net Profit	₹-20.2438 crs	₹-186.6392 crs	89.15%
EPS	₹-0.45	₹-4.19	89.26%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1665.8704 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1186.5044 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-31.6598 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-390.9732 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-0.71 for the 6 Months period ended September 30, 2023 as compared to Rs.-8.81 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1665.8704 crs	₹1186.5044 crs	40.40%
Net Profit	₹-31.6598 crs	₹-390.9732 crs	91.90%
EPS	₹-0.71	₹-8.81	91.94%

Shares of PB Fintech Ltd was last trading in BSE at Rs. 702.60 as compared to the previous close of Rs. 699.75. The total number of shares traded during the day was 23705 in over 1700 trades.

The stock hit an intraday high of Rs. 711.65 and intraday low of 693.60. The net turnover during the day was Rs. 16587621.00.