Stock Report

Modern Shares and Stockbrokers Ltd Q2FY24 PAT higher at Rs. 15.55 lakhs



Posted On : 2023-10-31 22:41:55( TIMEZONE : IST )

Modern Shares and Stockbrokers Ltd Q2FY24 PAT higher at Rs. 15.55 lakhs

MODERN SHARES & STOCKBROKERS LTD. has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.8764 crores during the period ended September 30, 2023 as compared to Rs. 0.7226 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1555 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.0584 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.53 for the period ended September 30, 2023 as compared to Rs. 0.20 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 0.8764 crs ₹0.7226 crs Up Tick / Down Tick21.28%
Net Profit ₹0.1555 crs ₹0.0584 crs Up Tick / Down Tick166.27%
EPS ₹0.53 ₹0.20 Up Tick / Down Tick165.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.8764 crores during the period ended September 30, 2023 as compared to Rs.0.8580 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.1555 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.1086 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.53 for the period ended September 30, 2023 as compared to Rs.0.37 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 0.8764 crs ₹0.8580 crs Up Tick / Down Tick2.14%
Net Profit ₹0.1555 crs ₹0.1086 crs Up Tick / Down Tick43.19%
EPS ₹0.53 ₹0.37 Up Tick / Down Tick43.24%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1.5989 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1.6007 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.2138 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.1165 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.0.73 for the 6 Months period ended September 30, 2023 as compared to Rs.0.40 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1.5989 crs ₹1.6007 crs Up Tick / Down Tick-0.11%
Net Profit ₹0.2138 crs ₹0.1165 crs Up Tick / Down Tick83.52%
EPS ₹0.73 ₹0.40 Up Tick / Down Tick82.50%

Shares of MODERN SHARES & STOCKBROKERS LTD. was last trading in BSE at Rs. 25.00 as compared to the previous close of Rs. 23.39. The total number of shares traded during the day was 2010 in over 47 trades.

The stock hit an intraday high of Rs. 26.79 and intraday low of 23.52. The net turnover during the day was Rs. 49228.00.

Source : Equity Bulls

Keywords

ModernSharesandStockbrokers Q2FY24 H1FY24 ResultUpdate