Baid Finserv Ltd Q1 FY2023-24 net profit higher at Rs. 5.61 crores

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. 18.3042 crores during the period ended June 30, 2023 as compared to Rs. 15.1140 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 5.6101 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.6694 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.47 for the period ended June 30, 2023 as compared to Rs. 0.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 18.3042 crs	₹15.1140 crs	21.11%
Net Profit	₹5.6101 crs	₹2.6694 crs	110.16%
EPS	₹0.47	₹0.22	113.64%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 18.3042 crores during the period ended June 30, 2023 as compared to Rs.13.7642 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.5.6101 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.4263 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.47 for the period ended June 30, 2023 as compared to Rs.0.36 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 18.3042 crs	₹13.7642 crs	32.98%
Net Profit	₹5.6101 crs	₹2.4263 crs	131.22%
EPS	₹0.47	₹0.36	30.56%

Source : Equity Bulls

Keywords

BaidFinserv Q1FY24 ResultUpdate