CARE Ratings Ltd consolidated Q1 FY2023-24 net profit at Rs. 17.80 crores

CARE Ratings Limited 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. 77.9520 crores during the period ended June 30, 2023 as compared to Rs. 87.8794 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 17.8099 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 19.6026 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.99 for the period ended June 30, 2023 as compared to Rs. 6.60 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 77.9520 crs	₹87.8794 crs	-11.30%
Net Profit	₹17.8099 crs	₹19.6026 crs	-9.15%
EPS	₹5.99	₹6.60	-9.24%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 77.9520 crores during the period ended June 30, 2023 as compared to Rs.62.0917 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.17.8099 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.13.6661 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.99 for the period ended June 30, 2023 as compared to Rs.4.61 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 77.9520 crs	₹62.0917 crs	25.54%
Net Profit	₹17.8099 crs	₹13.6661 crs	30.32%
EPS	₹5.99	₹4.61	29.93%

Shares of CARE Ratings Limited was last trading in BSE at Rs. 753.40 as compared to the previous close of Rs. 731.15. The total number of shares traded during the day was 15629 in over 1119 trades.

The stock hit an intraday high of Rs. 766.30 and intraday low of 719.10. The net turnover during the day was Rs. 11757437.00.

Source : Equity Bulls

Keywords

CARERatings Q1FY24 ResultUpdate