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VB Desai Fin.Service - Quaterly Results

07 Nov 2023 Evaluate
The sales moved down -31.60% to Rs. 5.00 millions for the September 2023 quarter as compared to Rs. 7.31 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 0.56 millions from Rs. 1.11 millions, a decline of -49.55% on QoQ basis.The company reported a degrowth in operating Profit to 0.74 millions from 1.67 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 5.00 7.31 -31.60 13.10 13.98 -6.29 24.85 26.57 -6.47
Other Income 0.42 1.12 -62.50 0.85 1.99 -57.29 2.84 1.55 83.23
PBIDT 0.74 1.67 -55.69 2.50 2.83 -11.66 4.52 4.94 -8.50
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 0.74 1.67 -55.69 2.50 2.83 -11.66 4.52 4.94 -8.50
Depreciation 0.00 0.02 -100.00 0.00 0.04 -100.00 0.08 0.07 14.29
PBT 0.74 1.65 -55.15 2.50 2.79 -10.39 4.44 4.87 -8.83
TAX 0.18 0.54 -66.67 0.62 0.82 -24.39 1.34 1.29 3.88
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.23 -0.07 -428.57
PAT 0.56 1.11 -49.55 1.88 1.97 -4.57 3.10 3.58 -13.41
Equity 45.38 45.38 0.00 45.38 45.38 0.00 45.38 45.38 0.00
PBIDTM(%) 14.80 22.85 -35.22 19.08 20.24 -5.73 18.19 18.59 -2.17
Peers
Company Name CMP
Bajaj Finserv 1702.75
TVS Holdings 11222.85
Cholamandalam Fin. 1360.95
Altius Telecom Infra 171.48
Kama Holdings 2263.80
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