Stock Report

SBFC Finance Ltd Q3 FY2024 net profit at Rs. 64.01 crores



Posted On : 2024-01-25 15:27:23( TIMEZONE : IST )

SBFC Finance Ltd Q3 FY2024 net profit at Rs. 64.01 crores

SBFC Finance Limited 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. 263.936 crores during the period ended December 31, 2023 as compared to Rs. 246.508 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 64.018 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 52.607 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.58 for the period ended December 31, 2023 as compared to Rs. 0.51 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 263.936 crs ₹246.508 crs Up Tick / Down Tick7.07%
Net Profit ₹64.018 crs ₹52.607 crs Up Tick / Down Tick21.69%
EPS ₹0.58 ₹0.51 Up Tick / Down Tick13.73%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 263.936 crores during the period ended December 31, 2023 as compared to Rs.194.392 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.64.018 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.39.312 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.58 for the period ended December 31, 2023 as compared to Rs.0.42 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 263.936 crs ₹194.392 crs Up Tick / Down Tick35.78%
Net Profit ₹64.018 crs ₹39.312 crs Up Tick / Down Tick62.85%
EPS ₹0.58 ₹0.42 Up Tick / Down Tick38.10%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.740.374 crores during the 9 Months period ended December 31, 2023 as compared to Rs.531.688 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.163.594 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.107.034 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.60 for the 9 Months period ended December 31, 2023 as compared to Rs.1.17 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹740.374 crs ₹531.688 crs Up Tick / Down Tick39.25%
Net Profit ₹163.594 crs ₹107.034 crs Up Tick / Down Tick52.84%
EPS ₹1.60 ₹1.17 Up Tick / Down Tick36.75%

Shares of SBFC Finance Limited was last trading in BSE at Rs. 85.94 as compared to the previous close of Rs. 85.13. The total number of shares traded during the day was 147775 in over 1729 trades.

The stock hit an intraday high of Rs. 86.25 and intraday low of 84.35. The net turnover during the day was Rs. 12611442.00.

Source : Equity Bulls

Keywords

SBFCFinance Q3FY24 9MFY24 ResultUpdate