Stock Report

Star Housing Finance Ltd Q2FY23 net profit higher at Rs. 2.17 crore



Posted On : 2022-10-18 00:46:56( TIMEZONE : IST )

Star Housing Finance Ltd Q2FY23 net profit higher at Rs. 2.17 crore

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 8.6254 crores during the period ended September 30, 2022 as compared to Rs. 6.1653 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 2.1722 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 1.3571 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.228 for the period ended September 30, 2022 as compared to Rs. 0.818 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 8.6254 crs ₹6.1653 crs Up Tick / Down Tick39.90%
Net Profit ₹2.1722 crs ₹1.3571 crs Up Tick / Down Tick60.06%
EPS ₹1.228 ₹0.818 Up Tick / Down Tick50.12%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 8.6254 crores during the period ended September 30, 2022 as compared to Rs.4.5476 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.2.1722 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.0.3723 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.228 for the period ended September 30, 2022 as compared to Rs.0.238 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 8.6254 crs ₹4.5476 crs Up Tick / Down Tick89.67%
Net Profit ₹2.1722 crs ₹0.3723 crs Up Tick / Down Tick483.45%
EPS ₹1.228 ₹0.238 Up Tick / Down Tick415.97%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.14.7908 crores during the 6 Months period ended September 30, 2022 as compared to Rs.9.0242 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.3.5293 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.0.6086 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.059 for the 6 Months period ended September 30, 2022 as compared to Rs.0.388 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹14.7908 crs ₹9.0242 crs Up Tick / Down Tick63.90%
Net Profit ₹3.5293 crs ₹0.6086 crs Up Tick / Down Tick479.90%
EPS ₹2.059 ₹0.388 Up Tick / Down Tick430.67%

Shares of Akme Star Housing Finance Ltd was last trading in BSE at Rs. 196.15 as compared to the previous close of Rs. 199.95. The total number of shares traded during the day was 454755 in over 1908 trades.

The stock hit an intraday high of Rs. 208.80 and intraday low of 194.10. The net turnover during the day was Rs. 92287307.00.

Source : Equity Bulls

Keywords

StarHousingFinance Q2FY23 H1FY23 ResultUpdate