CSL Finance Ltd Q3 FY2023-24 net profit higher at Rs. 16.71 crores

CSL 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. 45.6444 crores during the period ended December 31, 2023 as compared to Rs. 38.5279 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 16.7196 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 14.8203 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 7.32 for the period ended December 31, 2023 as compared to Rs. 7.01 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 45.6444 crs	₹38.5279 crs	18.47%
Net Profit	₹16.7196 crs	₹14.8203 crs	12.82%
EPS	₹7.32	₹7.01	4.42%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 45.6444 crores during the period ended December 31, 2023 as compared to Rs.31.2929 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.16.7196 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.11.8978 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.7.32 for the period ended December 31, 2023 as compared to Rs.5.66 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 45.6444 crs	₹31.2929 crs	45.86%
Net Profit	₹16.7196 crs	₹11.8978 crs	40.53%
EPS	₹7.32	₹5.66	29.33%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.119.6593 crores during the 9 Months period ended December 31, 2023 as compared to Rs.83.7863 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.44.7879 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.33.7318 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.19.60 for the 9 Months period ended December 31, 2023 as compared to Rs.16.05 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹119.6593 crs	₹83.7863 crs	42.81%
Net Profit	₹44.7879 crs	₹33.7318 crs	32.78%
EPS	₹19.60	₹16.05	22.12%

Shares of CSL Finance Ltd was last trading in BSE at Rs. 436.80 as compared to the previous close of Rs. 422.50. The total number of shares traded during the day was 414 in over 101 trades.

The stock hit an intraday high of Rs. 439.15 and intraday low of 428.55. The net turnover during the day was Rs. 179460.00.

Source : Equity Bulls

Keywords

CSLFinance Q3FY24 9MFY24 ResultUpdate