Summit Securities Ltd consolidated Q2 FY2024-25 net profit jumps to Rs. 75.15 crores

Summit Securities Limited has reported Consolidated financial results for the period ended September 30, 2024.

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 106.6755 crores during the period ended September 30, 2024 as compared to Rs. 20.8406 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 75.1504 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 2.9446 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 68.93 for the period ended September 30, 2024 as compared to Rs. 2.70 for the period ended June 30, 2024.

Financials	Q2 FY2025	Q1 FY2025	% Change
Total Income	₹ 106.6755 crs	₹20.8406 crs	411.86%
Net Profit	₹75.1504 crs	₹2.9446 crs	2,452.14%
EPS	₹68.93	₹2.70	2,452.96%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 106.6755 crores during the period ended September 30, 2024 as compared to Rs.53.2952 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.75.1504 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.38.3189 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.68.93 for the period ended September 30, 2024 as compared to Rs.35.15 for the period ended September 30, 2023.

Financials	Q2 FY2025	Q2 FY2024	% Change
Total Income	₹ 106.6755 crs	₹53.2952 crs	100.16%
Net Profit	₹75.1504 crs	₹38.3189 crs	96.12%
EPS	₹68.93	₹35.15	96.10%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.127.5161 crores during the 6 Months period ended September 30, 2024 as compared to Rs.64.6982 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.78.0950 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.46.6790 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.71.63 for the 6 Months period ended September 30, 2024 as compared to Rs.42.82 for the 6 Months period ended September 30, 2023.

Financials	Half Year Ended FY2025	Half Year Ended FY2024	% Change
Total Income	₹127.5161 crs	₹64.6982 crs	97.09%
Net Profit	₹78.0950 crs	₹46.6790 crs	67.30%
EPS	₹71.63	₹42.82	67.28%

Shares of Summit Securities Limited was last trading in BSE at Rs. 2950.90 as compared to the previous close of Rs. 2945.65. The total number of shares traded during the day was 2379 in over 779 trades.

The stock hit an intraday high of Rs. 3146.30 and intraday low of 2802.90. The net turnover during the day was Rs. 6960963.00.

Source : Equity Bulls

Keywords

SummitSecurities Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate