Upsurge Investment and Finance Ltd Q3 FY2024 PAT at Rs. 2.48 crore

UPSURGE INVESTMENT & 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. 16.8220 crores during the period ended December 31, 2023 as compared to Rs. 9.7027 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.4855 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2.6217 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.64 for the period ended December 31, 2023 as compared to Rs. 1.73 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 16.8220 crs	₹9.7027 crs	73.37%
Net Profit	₹2.4855 crs	₹2.6217 crs	-5.20%
EPS	₹1.64	₹1.73	-5.20%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 16.8220 crores during the period ended December 31, 2023 as compared to Rs.6.1370 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.4855 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-0.8685 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.64 for the period ended December 31, 2023 as compared to Rs.-0.57 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 16.8220 crs	₹6.1370 crs	174.11%
Net Profit	₹2.4855 crs	₹-0.8685 crs	386.18%
EPS	₹1.64	₹-0.57	387.72%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.37.5242 crores during the 9 Months period ended December 31, 2023 as compared to Rs.27.5377 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.8.5233 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.3.3033 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.5.63 for the 9 Months period ended December 31, 2023 as compared to Rs.2.18 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹37.5242 crs	₹27.5377 crs	36.26%
Net Profit	₹8.5233 crs	₹3.3033 crs	158.02%
EPS	₹5.63	₹2.18	158.26%

Shares of UPSURGE INVESTMENT & FINANCE LTD. was last trading in BSE at Rs. 47.93 as compared to the previous close of Rs. 49.14. The total number of shares traded during the day was 27239 in over 242 trades.

The stock hit an intraday high of Rs. 50.00 and intraday low of 46.50. The net turnover during the day was Rs. 1304879.00.

Source : Equity Bulls

Keywords

UpsurgeInvestmentandFinance Q3FY24 9MFY24 ResultUpdate