SKP Securities Ltd Q3 FY2023-24 net profit surges to Rs. 2.99 crore

SKP 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. 8.9826 crores during the period ended December 31, 2023 as compared to Rs. 6.9775 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 2.9974 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.9483 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.40 for the period ended December 31, 2023 as compared to Rs. 2.86 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 8.9826 crs	₹6.9775 crs	28.74%
Net Profit	₹2.9974 crs	₹1.9483 crs	53.85%
EPS	₹4.40	₹2.86	53.85%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.9826 crores during the period ended December 31, 2023 as compared to Rs.5.7811 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.9974 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.1.2191 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.40 for the period ended December 31, 2023 as compared to Rs.1.79 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 8.9826 crs	₹5.7811 crs	55.38%
Net Profit	₹2.9974 crs	₹1.2191 crs	145.87%
EPS	₹4.40	₹1.79	145.81%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.21.8096 crores during the 9 Months period ended December 31, 2023 as compared to Rs.17.1335 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.7979 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.2.7081 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.52 for the 9 Months period ended December 31, 2023 as compared to Rs.3.98 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹21.8096 crs	₹17.1335 crs	27.29%
Net Profit	₹5.7979 crs	₹2.7081 crs	114.09%
EPS	₹8.52	₹3.98	114.07%

Shares of SKP SECURITIES LTD. was last trading in BSE at Rs. 79.08 as compared to the previous close of Rs. 77.72. The total number of shares traded during the day was 2466 in over 15 trades.

The stock hit an intraday high of Rs. 81.90 and intraday low of 79.00. The net turnover during the day was Rs. 196963.00.

Source : Equity Bulls

Keywords

SKPSecurities Q3FY24 9MFY24 ResultUpdate