Stock Report

Akme Star Housing Finance Ltd Q2 net profit at Rs. 0.5399 crore



Posted On : 2020-11-11 17:57:40( TIMEZONE : IST )

Akme Star Housing Finance Ltd Q2 net profit at Rs. 0.5399 crore

Akme Star Housing Finance Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.3.83 crores during the period ended September 30, 2020 as compared to Rs.3.48 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.0.5399 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.0.9489 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.0.344 for the period ended September 30, 2020 as compared to Rs.0.605 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 3.83 crs₹ 3.48 crsUp Tick 10.06%
Net Profit₹ 0.5399 crs₹ 0.9489 crsDown Tick -43.1%
EPS₹ 0.344₹ 0.605Down Tick -43.14%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.3.83 crores during the period ended September 30, 2020 as compared to Rs.3.77 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.0.5399 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.1.30 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.0.344 for the period ended September 30, 2020 as compared to Rs.1.06 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 3.83 crs₹ 3.77 crsUp Tick 1.59%
Net Profit₹ 0.5399 crs₹ 1.30 crsDown Tick -58.47%
EPS₹ 0.344₹ 1.06Down Tick -67.55%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.7.31 crores during the 6 months period ended September 30, 2020 as compared to Rs.7.29 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.1.48 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.2.58 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.0.95 for the 6 months period ended September 30, 2020 as compared to Rs.2.10 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 7.31 crs₹ 7.29 crsUp Tick 0.27%
Net Profit₹ 1.48 crs₹ 2.58 crsDown Tick -42.64%
EPS₹ 0.95₹2.10Down Tick -54.76%

Shares of Akme Star Housing Finance Ltd was last trading in BSE at Rs.87 as compared to the previous close of Rs. 88.2. The total number of shares traded during the day was 652 in over 28 trades.

The stock hit an intraday high of Rs. 88.95 and intraday low of 82.85. The net turnover during the day was Rs. 56117.

Source : Equity Bulls

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