Stock Report

PMC Fincorp Ltd Q2 FY2023-24 net profit climbs to Rs. 2.71 crore



Posted On : 2023-11-14 17:48:05( TIMEZONE : IST )

PMC Fincorp Ltd Q2 FY2023-24 net profit climbs to Rs. 2.71 crore

PMC Fincorp Limited 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. 3.4925 crores during the period ended September 30, 2023 as compared to Rs. 2.7815 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.7157 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.8410 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.07 for the period ended September 30, 2023 as compared to Rs. 0.05 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 3.4925 crs ₹2.7815 crs Up Tick / Down Tick25.56%
Net Profit ₹2.7157 crs ₹1.8410 crs Up Tick / Down Tick47.51%
EPS ₹0.07 ₹0.05 Up Tick / Down Tick40.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 3.4925 crores during the period ended September 30, 2023 as compared to Rs.2.2496 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.7157 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-9.2320 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.07 for the period ended September 30, 2023 as compared to Rs.-0.14 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 3.4925 crs ₹2.2496 crs Up Tick / Down Tick55.25%
Net Profit ₹2.7157 crs ₹-9.2320 crs Up Tick / Down Tick129.42%
EPS ₹0.07 ₹-0.14 Up Tick / Down Tick150.00%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.2740 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.4259 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.4.5567 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-8.4757 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.12 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.10 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹6.2740 crs ₹4.4259 crs Up Tick / Down Tick41.76%
Net Profit ₹4.5567 crs ₹-8.4757 crs Up Tick / Down Tick153.76%
EPS ₹0.12 ₹-0.10 Up Tick / Down Tick220.00%

Shares of PMC Fincorp Limited was last trading in BSE at Rs. 2.00 as compared to the previous close of Rs. 1.87. The total number of shares traded during the day was 3080352 in over 1259 trades.

The stock hit an intraday high of Rs. 2.09 and intraday low of 1.83. The net turnover during the day was Rs. 5974282.00.

Source : Equity Bulls

Keywords

PMCFincorp Q2FY24 H1FY24 ResultUpdate