Stock Report

Religare Enterprises Ltd reports Rs. 25.30 crores consolidated PAT in Q2FY24



Posted On : 2023-11-03 22:37:50( TIMEZONE : IST )

Religare Enterprises Ltd reports Rs. 25.30 crores consolidated PAT in Q2FY24

Religare Enterprises Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1585.5772 crores during the period ended September 30, 2023 as compared to Rs. 1302.4641 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 25.3050 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 62.9580 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.76 for the period ended September 30, 2023 as compared to Rs. 1.90 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 1585.5772 crs ₹1302.4641 crs Up Tick / Down Tick21.74%
Net Profit ₹25.3050 crs ₹62.9580 crs Up Tick / Down Tick-59.81%
EPS ₹0.76 ₹1.90 Up Tick / Down Tick-60.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1585.5772 crores during the period ended September 30, 2023 as compared to Rs.1183.3414 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.25.3050 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-207.1493 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.76 for the period ended September 30, 2023 as compared to Rs.-6.49 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 1585.5772 crs ₹1183.3414 crs Up Tick / Down Tick33.99%
Net Profit ₹25.3050 crs ₹-207.1493 crs Up Tick / Down Tick112.22%
EPS ₹0.76 ₹-6.49 Up Tick / Down Tick111.71%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2887.5635 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2234.4103 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.88.2630 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-283.1357 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.67 for the 6 Months period ended September 30, 2023 as compared to Rs.-8.88 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹2887.5635 crs ₹2234.4103 crs Up Tick / Down Tick29.23%
Net Profit ₹88.2630 crs ₹-283.1357 crs Up Tick / Down Tick131.17%
EPS ₹2.67 ₹-8.88 Up Tick / Down Tick130.07%

Shares of Religare Enterprises Limited was last trading in BSE at Rs. 230.15 as compared to the previous close of Rs. 232.75. The total number of shares traded during the day was 41525 in over 970 trades.

The stock hit an intraday high of Rs. 233.65 and intraday low of 229.00. The net turnover during the day was Rs. 9579090.00.

Source : Equity Bulls

Keywords

ReligareEnterprises Q2FY24 H1FY24 ResultUpdate