SG Finserve Ltd Q3 FY24 PAT at Rs. 21.65 crores

Moongipa Securities 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. 52.4636 crores during the period ended December 31, 2023 as compared to Rs. 43.8661 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 21.6507 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 17.4922 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.89 for the period ended December 31, 2023 as compared to Rs. 3.57 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 52.4636 crs	₹43.8661 crs	19.60%
Net Profit	₹21.6507 crs	₹17.4922 crs	23.77%
EPS	₹2.89	₹3.57	-19.05%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 52.4636 crores during the period ended December 31, 2023 as compared to Rs.12.4541 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.21.6507 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.4.6097 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.89 for the period ended December 31, 2023 as compared to Rs.1.27 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 52.4636 crs	₹12.4541 crs	321.26%
Net Profit	₹21.6507 crs	₹4.6097 crs	369.68%
EPS	₹2.89	₹1.27	127.56%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.131.1695 crores during the 9 Months period ended December 31, 2023 as compared to Rs.14.4265 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.54.7827 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.3532 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.31 for the 9 Months period ended December 31, 2023 as compared to Rs.1.20 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹131.1695 crs	₹14.4265 crs	809.23%
Net Profit	₹54.7827 crs	₹4.3532 crs	1,158.45%
EPS	₹7.31	₹1.20	509.17%

Shares of Moongipa Securities Ltd was last trading in BSE at Rs. 528.60 as compared to the previous close of Rs. 548.40. The total number of shares traded during the day was 84134 in over 953 trades.

The stock hit an intraday high of Rs. 550.00 and intraday low of 521.05. The net turnover during the day was Rs. 45247537.00.

Source : Equity Bulls

Keywords

SGFinserve Q3FY24 9MFY24 ResultUpdate