Ashika Credit Capital Ltd Q3 FY2024 PAT jumps to Rs. 9.74 crores

ASHIKA CREDIT CAPITAL LTD. has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 13.6824 crores during the period ended December 31, 2023 as compared to Rs. 6.3576 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 9.7424 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 4.1203 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 8.20 for the period ended December 31, 2023 as compared to Rs. 3.47 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 13.6824 crs	₹6.3576 crs	115.21%
Net Profit	₹9.7424 crs	₹4.1203 crs	136.45%
EPS	₹8.20	₹3.47	136.31%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 13.6824 crores during the period ended December 31, 2023 as compared to Rs.-2.5209 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.9.7424 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-2.6533 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.8.20 for the period ended December 31, 2023 as compared to Rs.-2.23 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 13.6824 crs	₹-2.5209 crs	642.76%
Net Profit	₹9.7424 crs	₹-2.6533 crs	467.18%
EPS	₹8.20	₹-2.23	467.71%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.24.9159 crores during the 9 Months period ended December 31, 2023 as compared to Rs.10.6845 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.17.1167 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.6.1886 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.14.42 for the 9 Months period ended December 31, 2023 as compared to Rs.5.21 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹24.9159 crs	₹10.6845 crs	133.20%
Net Profit	₹17.1167 crs	₹6.1886 crs	176.58%
EPS	₹14.42	₹5.21	176.78%

Shares of ASHIKA CREDIT CAPITAL LTD. was last trading in BSE at Rs. 58.99 as compared to the previous close of Rs. 59.20. The total number of shares traded during the day was 736 in over 9 trades.

The stock hit an intraday high of Rs. 59.20 and intraday low of 58.99. The net turnover during the day was Rs. 43425.00.

Source : Equity Bulls

Keywords

AshikaCreditCapital Q3FY24 9MFY24 ResultUpdate