Equitas Small Finance Bank Ltd reports net profit of Rs. 243.63 crore in FY2019-20

Equitas Holdings Ltd has reported financial results for the period ended March 31, 2020.

Financial Results (H2 FY19-20) - YoY Comparison

The company has reported net sales of Rs.1561.85 crores during the 6 months period ended March 31, 2020 as compared to Rs.1260.40 crores during the 6 months period ended March 31, 2019.

The company has posted net profit of Rs.137.09 crores for the 6 months period ended March 31, 2020 as against Rs.127.58 crores for the 6 months period ended March 31, 2019.

The company has reported EPS of Rs.1.34 for the 6 months period ended March 31, 2020 as compared to Rs.1.27 for the 6 months period ended March 31, 2019.

Financials	H2 FY19-20	H2 FY18-19	% Change
Total Income	₹ 1561.85 crs	₹ 1260.40 crs	23.92%
Net Profit	₹ 137.09 crs	₹ 127.58 crs	7.45%
EPS	₹ 1.34	₹ 1.27	5.51%

Financial Results (Year ended FY 2019-20) - YoY Comparison

The company has reported net sales of Rs.2927.79 crores during the 12 months period ended March 31, 2020 as compared to Rs.2394.83 crores during the 12 months period ended March 31, 2019.

The company has posted net profit of Rs.243.63 crores for the 12 months period ended March 31, 2020 as against Rs.210.56 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.2.39 for the 12 months period ended March 31, 2020 as compared to Rs.2.09 for the 12 months period ended March 31, 2019.

Financials	FY2019-20	FY2018-19	% Change
Total Income	₹ 2927.79 crs	₹ 2394.83 crs	22.25%
Net Profit	₹ 243.63 crs	₹ 210.56 crs	15.71%
EPS	₹ 2.39	₹2.09	14.35%

Shares of Equitas Holdings Ltd was last trading in BSE at Rs.51.85 as compared to the previous close of Rs. 52.25. The total number of shares traded during the day was 1494974 in over 4865 trades.

The stock hit an intraday high of Rs. 56.2 and intraday low of 50.6. The net turnover during the day was Rs. 79836281.

Source : Equity Bulls

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