Star Housing Finance Ltd Q3 FY2024 net profit at Rs. 2.52 crore

has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 16.3317 crores during the period ended December 31, 2023 as compared to Rs. 13.6730 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.5208 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2.0689 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.313 for the period ended December 31, 2023 as compared to Rs. 0.256 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 16.3317 crs	₹13.6730 crs	19.44%
Net Profit	₹2.5208 crs	₹2.0689 crs	21.84%
EPS	₹0.313	₹0.256	22.27%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 16.3317 crores during the period ended December 31, 2023 as compared to Rs.9.9561 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.5208 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.9447 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.313 for the period ended December 31, 2023 as compared to Rs.0.251 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 16.3317 crs	₹9.9561 crs	64.04%
Net Profit	₹2.5208 crs	₹1.9447 crs	29.62%
EPS	₹0.313	₹0.251	24.70%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.42.2948 crores during the 9 Months period ended December 31, 2023 as compared to Rs.24.7469 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.6.1433 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.3572 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.769 for the 9 Months period ended December 31, 2023 as compared to Rs.0.592 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹42.2948 crs	₹24.7469 crs	70.91%
Net Profit	₹6.1433 crs	₹4.3572 crs	40.99%
EPS	₹0.769	₹0.592	29.90%

Source : Equity Bulls

Keywords

StarHousingFinance Q3FY24 9MFY24 ResultUpdate