Available Finance Ltd Q1FY22 consolidated net profit soars to Rs. 49.01 crore

Available Finance Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.0.1484 crores during the period ended June 30, 2021 as compared to Rs.0.1387 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.49.01 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.37.03 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.48.04 for the period ended June 30, 2021 as compared to Rs.36.29 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 0.1484 crs	₹ 0.1387 crs	6.99%
Net Profit	₹ 49.01 crs	₹ 37.03 crs	32.35%
EPS	₹ 48.04	₹ 36.29	32.38%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.0.1484 crores during the period ended June 30, 2021 as compared to Rs.0.1312 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.49.01 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.8.73 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.48.04 for the period ended June 30, 2021 as compared to Rs.8.56 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 0.1484 crs	₹ 0.1312 crs	13.11%
Net Profit	₹ 49.01 crs	₹ 8.73 crs	461.4%
EPS	₹ 48.04	₹ 8.56	461.21%

Shares of Available Finance Ltd. was last trading in BSE at Rs. 86 as compared to the previous close of Rs. 85.95. The total number of shares traded during the day was 32481 in over 222 trades.

The stock hit an intraday high of Rs. 89.95 and intraday low of 81.7. The net turnover during the day was Rs. 2736707.

Source : Equity Bulls

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