Star Housing Finance Ltd posts Rs. 1.35 crores net profit in Q1FY23

Akme Star Housing Finance Ltd has reported Standalone financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 6.16535 crores during the period ended June 30, 2022 as compared to Rs. 5.61049 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.3571 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 1.4781 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.818 for the period ended June 30, 2022 as compared to Rs. 0.891 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 6.16535 crs	₹5.61049 crs	9.89%
Net Profit	₹1.3571 crs	₹1.4781 crs	-8.19%
EPS	₹0.818	₹0.891	-8.19%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 6.16535 crores during the period ended June 30, 2022 as compared to Rs.4.47663 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.3571 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.0.2363 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.818 for the period ended June 30, 2022 as compared to Rs.0.151 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 6.16535 crs	₹4.47663 crs	37.72%
Net Profit	₹1.3571 crs	₹0.2363 crs	474.31%
EPS	₹0.818	₹0.151	441.72%

Shares of Akme Star Housing Finance Ltd was last trading in BSE at Rs. 142.05 as compared to the previous close of Rs. 140.45. The total number of shares traded during the day was 49583 in over 215 trades.

The stock hit an intraday high of Rs. 143.70 and intraday low of 139.00. The net turnover during the day was Rs. 6963980.00.

Source : Equity Bulls

Keywords

StarHousingFinance Q1FY23 ResultUpdate