SMC Global Securities Ltd consolidated Q3 FY2023-24 net profit rises to Rs. 51.65 crores

SMC Global Securities Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 430.6142 crores during the period ended December 31, 2023 as compared to Rs. 391.6153 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 51.6548 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 39.6043 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.93 for the period ended December 31, 2023 as compared to Rs. 3.78 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 430.6142 crs	₹391.6153 crs	9.96%
Net Profit	₹51.6548 crs	₹39.6043 crs	30.43%
EPS	₹4.93	₹3.78	30.42%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 430.6142 crores during the period ended December 31, 2023 as compared to Rs.319.3649 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.51.6548 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.31.9562 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.93 for the period ended December 31, 2023 as compared to Rs.3.05 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 430.6142 crs	₹319.3649 crs	34.83%
Net Profit	₹51.6548 crs	₹31.9562 crs	61.64%
EPS	₹4.93	₹3.05	61.64%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1134.5397 crores during the 9 Months period ended December 31, 2023 as compared to Rs.910.5964 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.121.2693 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.98.4060 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.11.58 for the 9 Months period ended December 31, 2023 as compared to Rs.9.40 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹1134.5397 crs	₹910.5964 crs	24.59%
Net Profit	₹121.2693 crs	₹98.4060 crs	23.23%
EPS	₹11.58	₹9.40	23.19%

Shares of SMC Global Securities Limited was last trading in BSE at Rs. 125.10 as compared to the previous close of Rs. 108.55. The total number of shares traded during the day was 500558 in over 6158 trades.

The stock hit an intraday high of Rs. 126.40 and intraday low of 110.75. The net turnover during the day was Rs. 60534882.00.

Source : Equity Bulls

Keywords

SMCGlobalSecurities Q3FY24 9MFY24 ResultUpdate