CSL Finance Ltd Q2 FY2023-24 PAT climbs to Rs. 14.82 crores

CSL 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. 38.5279 crores during the period ended September 30, 2023 as compared to Rs. 35.4869 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 14.8203 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 13.2479 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 7.01 for the period ended September 30, 2023 as compared to Rs. 6.35 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 38.5279 crs	₹35.4869 crs	8.57%
Net Profit	₹14.8203 crs	₹13.2479 crs	11.87%
EPS	₹7.01	₹6.35	10.39%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 38.5279 crores during the period ended September 30, 2023 as compared to Rs.27.3960 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.14.8203 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.11.1953 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.7.01 for the period ended September 30, 2023 as compared to Rs.5.33 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 38.5279 crs	₹27.3960 crs	40.63%
Net Profit	₹14.8203 crs	₹11.1953 crs	32.38%
EPS	₹7.01	₹5.33	31.52%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.74.0149 crores during the 6 Months period ended September 30, 2023 as compared to Rs.52.4934 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.28.0684 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.21.8340 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.13.28 for the 6 Months period ended September 30, 2023 as compared to Rs.10.39 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹74.0149 crs	₹52.4934 crs	41.00%
Net Profit	₹28.0684 crs	₹21.8340 crs	28.55%
EPS	₹13.28	₹10.39	27.82%

Shares of CSL Finance Ltd was last trading in BSE at Rs. 326.60 as compared to the previous close of Rs. 316.65. The total number of shares traded during the day was 1680 in over 220 trades.

The stock hit an intraday high of Rs. 330.00 and intraday low of 317.20. The net turnover during the day was Rs. 545383.00.

Source : Equity Bulls

Keywords

CSLFinance Q2FY24 H1FY24 ResultUpdate