Stock Report

Morarka Finance Ltd Q3FY24 net profit drops QOQ to Rs. 37.34 lakhs



Posted On : 2024-01-19 14:20:14( TIMEZONE : IST )

Morarka Finance Ltd Q3FY24 net profit drops QOQ to Rs. 37.34 lakhs

MORARKA FINANCE 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. 0.7489 crores during the period ended December 31, 2023 as compared to Rs. 0.8987 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.3734 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.6053 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.83 for the period ended December 31, 2023 as compared to Rs. 1.34 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 0.7489 crs ₹0.8987 crs Up Tick / Down Tick-16.67%
Net Profit ₹0.3734 crs ₹0.6053 crs Up Tick / Down Tick-38.31%
EPS ₹0.83 ₹1.34 Up Tick / Down Tick-38.06%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.7489 crores during the period ended December 31, 2023 as compared to Rs.0.4502 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.3734 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.2099 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.83 for the period ended December 31, 2023 as compared to Rs.0.47 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 0.7489 crs ₹0.4502 crs Up Tick / Down Tick66.35%
Net Profit ₹0.3734 crs ₹0.2099 crs Up Tick / Down Tick77.89%
EPS ₹0.83 ₹0.47 Up Tick / Down Tick76.60%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.6.7771 crores during the 9 Months period ended December 31, 2023 as compared to Rs.5.8524 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.7876 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.5.1084 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.12.86 for the 9 Months period ended December 31, 2023 as compared to Rs.11.35 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹6.7771 crs ₹5.8524 crs Up Tick / Down Tick15.80%
Net Profit ₹5.7876 crs ₹5.1084 crs Up Tick / Down Tick13.30%
EPS ₹12.86 ₹11.35 Up Tick / Down Tick13.30%

Shares of MORARKA FINANCE LTD. was last trading in BSE at Rs. 146.85 as compared to the previous close of Rs. 144.55. The total number of shares traded during the day was 6450 in over 112 trades.

The stock hit an intraday high of Rs. 150.35 and intraday low of 142.15. The net turnover during the day was Rs. 959124.00.

Source : Equity Bulls

Keywords

MorarkaFinance Q3FY24 9MFY24 ResultUpdate