Stock Report

V B Desai Financial Services Ltd Q3FY24 net profit up at Rs. 8.75 lakhs

Posted On : 2024-01-18 13:37:29( TIMEZONE : IST )

V.B.DESAI FINANCIAL SERVICES LTD. 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. 0.8270 crores during the period ended December 31, 2023 as compared to Rs. 0.5426 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0875 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.0559 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.19 for the period ended December 31, 2023 as compared to Rs. 0.12 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 0.8270 crs	₹0.5426 crs	52.41%
Net Profit	₹0.0875 crs	₹0.0559 crs	56.53%
EPS	₹0.19	₹0.12	58.33%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.8270 crores during the period ended December 31, 2023 as compared to Rs.0.5694 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.0875 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.0478 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.19 for the period ended December 31, 2023 as compared to Rs.0.10 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 0.8270 crs	₹0.5694 crs	45.24%
Net Profit	₹0.0875 crs	₹0.0478 crs	83.05%
EPS	₹0.19	₹0.10	90.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2.2223 crores during the 9 Months period ended December 31, 2023 as compared to Rs.2.1673 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.2748 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.2462 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.61 for the 9 Months period ended December 31, 2023 as compared to Rs.0.54 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹2.2223 crs	₹2.1673 crs	2.54%
Net Profit	₹0.2748 crs	₹0.2462 crs	11.62%
EPS	₹0.61	₹0.54	12.96%

Shares of V.B.DESAI FINANCIAL SERVICES LTD. was last trading in BSE at Rs. 15.50 as compared to the previous close of Rs. 15.24. The total number of shares traded during the day was 5225 in over 19 trades.

The stock hit an intraday high of Rs. 15.50 and intraday low of 15.50. The net turnover during the day was Rs. 80987.00.