Stock Report

Starteck Finance Ltd Q2 FY2024 consolidated net profit jumps to Rs. 7.41 crores



Posted On : 2023-11-04 22:47:14( TIMEZONE : IST )

Starteck Finance Ltd Q2 FY2024 consolidated net profit jumps to Rs. 7.41 crores

Starteck Finance Ltd 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. 12.3315 crores during the period ended September 30, 2023 as compared to Rs. 6.7837 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 7.4180 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 2.2887 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 7.49 for the period ended September 30, 2023 as compared to Rs. 2.31 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 12.3315 crs ₹6.7837 crs Up Tick / Down Tick81.78%
Net Profit ₹7.4180 crs ₹2.2887 crs Up Tick / Down Tick224.11%
EPS ₹7.49 ₹2.31 Up Tick / Down Tick224.24%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 12.3315 crores during the period ended September 30, 2023 as compared to Rs.6.3713 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.7.4180 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.1.9271 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.7.49 for the period ended September 30, 2023 as compared to Rs.1.94 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 12.3315 crs ₹6.3713 crs Up Tick / Down Tick93.55%
Net Profit ₹7.4180 crs ₹1.9271 crs Up Tick / Down Tick284.93%
EPS ₹7.49 ₹1.94 Up Tick / Down Tick286.08%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.19.1152 crores during the 6 Months period ended September 30, 2023 as compared to Rs.12.4721 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.9.7068 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.4.5573 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.9.79 for the 6 Months period ended September 30, 2023 as compared to Rs.4.60 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹19.1152 crs ₹12.4721 crs Up Tick / Down Tick53.26%
Net Profit ₹9.7068 crs ₹4.5573 crs Up Tick / Down Tick112.99%
EPS ₹9.79 ₹4.60 Up Tick / Down Tick112.83%

Shares of Starteck Finance Ltd was last trading in BSE at Rs. 171.00 as compared to the previous close of Rs. 171.70. The total number of shares traded during the day was 6154 in over 89 trades.

The stock hit an intraday high of Rs. 174.95 and intraday low of 168.25. The net turnover during the day was Rs. 1056295.00.

Source : Equity Bulls

Keywords

StarteckFinance Q2FY24 H1FY24 ResultUpdate