Morarka Finance Ltd Q1 FY2024 PAT jumps QoQ to Rs. 4.80 crore

MORARKA FINANCE LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 5.1295 crores during the period ended June 30, 2023 as compared to Rs. 0.0059 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.8089 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.4279 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.68 for the period ended June 30, 2023 as compared to Rs. -0.95 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹5.1295 crs	₹0.0059 crs	86,840.68%
Net Profit	₹4.8089 crs	₹-0.4279 crs	1,223.84%
EPS	₹10.68	₹-0.95	1,224.21%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.5.1295 crores during the period ended June 30, 2023 as compared to Rs.5.1914 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.8089 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.8947 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.68 for the period ended June 30, 2023 as compared to Rs.10.87 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹5.1295 crs	₹5.1914 crs	-1.19%
Net Profit	₹4.8089 crs	₹4.8947 crs	-1.75%
EPS	₹10.68	₹10.87	-1.75%

Shares of MORARKA FINANCE LTD. was last trading in BSE at Rs. 129.20 as compared to the previous close of Rs. 125.60. The total number of shares traded during the day was 3460 in over 56 trades.

The stock hit an intraday high of Rs. 129.95 and intraday low of 125.00. The net turnover during the day was Rs. 441844.00.

Source : Equity Bulls

Keywords

MorarkaFinance Q1FY24 ResultUpdate