SBFC Finance Ltd reports net profit of Rs. 73.42 crores in Q4 FY24

SBFC Finance Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 279.446 crores during the period ended March 31, 2024 as compared to Rs. 263.936 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 73.427 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 64.018 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 0.67 for the period ended March 31, 2024 as compared to Rs. 0.58 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 279.446 crs	₹263.936 crs	5.88%
Net Profit	₹73.427 crs	₹64.018 crs	14.70%
EPS	₹0.67	₹0.58	15.52%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 279.446 crores during the period ended March 31, 2024 as compared to Rs.208.673 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.73.427 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.42.762 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.0.67 for the period ended March 31, 2024 as compared to Rs.0.44 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 279.446 crs	₹208.673 crs	33.92%
Net Profit	₹73.427 crs	₹42.762 crs	71.71%
EPS	₹0.67	₹0.44	52.27%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1019.820 crores during the Financial Year ended March 31, 2024 as compared to Rs.740.361 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.237.021 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.149.796 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.2.29 for the Financial Year ended March 31, 2024 as compared to Rs.1.62 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹1019.820 crs	₹740.361 crs	37.75%
Net Profit	₹237.021 crs	₹149.796 crs	58.23%
EPS	₹2.29	₹1.62	41.36%

Shares of SBFC Finance Limited was last trading in BSE at Rs. 90.45 as compared to the previous close of Rs. 90.88. The total number of shares traded during the day was 81156 in over 1356 trades.

The stock hit an intraday high of Rs. 91.50 and intraday low of 89.99. The net turnover during the day was Rs. 7370513.00.

Source : Equity Bulls

Keywords

SBFCFinance Q4FY24 FY2024 ResultUpdate