Emerald Finance Ltd reports net profit of Rs. 85.83 lakhs in Q1 FY2024

Emerald Leasing Finance & Investment Company Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2.7780 crores during the period ended June 30, 2023 as compared to Rs. 3.8909 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.8583 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 1.2534 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.285 for the period ended June 30, 2023 as compared to Rs. 0.416 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹2.7780 crs	₹3.8909 crs	-28.60%
Net Profit	₹0.8583 crs	₹1.2534 crs	-31.52%
EPS	₹0.285	₹0.416	-31.49%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.2.7780 crores during the period ended June 30, 2023 as compared to Rs.2.2315 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.8583 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.4724 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.285 for the period ended June 30, 2023 as compared to Rs.0.163 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹2.7780 crs	₹2.2315 crs	24.49%
Net Profit	₹0.8583 crs	₹0.4724 crs	81.69%
EPS	₹0.285	₹0.163	74.85%

Shares of Emerald Leasing Finance & Investment Company Ltd was last trading in BSE at Rs. 22.86 as compared to the previous close of Rs. 23.47. The total number of shares traded during the day was 7378 in over 63 trades.

The stock hit an intraday high of Rs. 23.94 and intraday low of 22.80. The net turnover during the day was Rs. 169856.00.

Source : Equity Bulls

Keywords

EmeraldFinance Q1FY2024 ResultUpdate