Stock Report

Gowra Leasing and Finance Ltd Q2FY24 PAT drops QoQ to Rs. 50.15 lakhs



Posted On : 2023-11-15 11:02:03( TIMEZONE : IST )

Gowra Leasing and Finance Ltd Q2FY24 PAT drops QoQ to Rs. 50.15 lakhs

GOWRA 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. 0.8030 crores during the period ended September 30, 2023 as compared to Rs. 2.4225 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.5015 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 1.0788 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.67 for the period ended September 30, 2023 as compared to Rs. 3.60 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 0.8030 crs ₹2.4225 crs Up Tick / Down Tick-66.85%
Net Profit ₹0.5015 crs ₹1.0788 crs Up Tick / Down Tick-53.51%
EPS ₹1.67 ₹3.60 Up Tick / Down Tick-53.61%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.8030 crores during the period ended September 30, 2023 as compared to Rs.0.4277 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.5015 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.1877 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.67 for the period ended September 30, 2023 as compared to Rs.0.63 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 0.8030 crs ₹0.4277 crs Up Tick / Down Tick87.75%
Net Profit ₹0.5015 crs ₹0.1877 crs Up Tick / Down Tick167.18%
EPS ₹1.67 ₹0.63 Up Tick / Down Tick165.08%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3.2255 crores during the 6 Months period ended September 30, 2023 as compared to Rs.0.7997 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.5803 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.3586 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.5.27 for the 6 Months period ended September 30, 2023 as compared to Rs.1.20 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹3.2255 crs ₹0.7997 crs Up Tick / Down Tick303.34%
Net Profit ₹1.5803 crs ₹0.3586 crs Up Tick / Down Tick340.69%
EPS ₹5.27 ₹1.20 Up Tick / Down Tick339.17%

Shares of GOWRA LEASING & FINANCE LTD. was last trading in BSE at Rs. 28.54 as compared to the previous close of Rs. 27.27. The total number of shares traded during the day was 2160 in over 14 trades.

The stock hit an intraday high of Rs. 28.60 and intraday low of 27.45. The net turnover during the day was Rs. 61119.00.

Source : Equity Bulls

Keywords

GowraLeasingandFinance Q2FY24 H1FY24 ResultUpdate