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Nalin Lease Finance - Quaterly Results

01 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 16.09 millions, up 23.20% as compared to Rs. 13.06 millions during the corresponding quarter last year.Profit for the quarter ended March 2024 rises by 56.68% to Rs. 9.62  millions from Rs. 6.14 millions.Operating profit for the quarter ended March 2024 rose to 13.25 millions as compared to 8.79 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 16.09 13.06 23.20 66.68 57.64 15.68 66.68 57.64 15.68
Other Income 2.38 0.76 213.16 10.64 1.83 481.42 10.64 1.83 481.42
PBIDT 13.25 8.79 50.74 57.63 42.20 36.56 57.63 42.20 36.56
Interest 1.58 0.31 409.68 4.25 0.77 451.95 4.25 0.77 451.95
PBDT 11.67 8.48 37.62 53.38 41.43 28.84 53.38 41.43 28.84
Depreciation 0.43 0.41 4.88 1.66 1.46 13.70 1.66 1.46 13.70
PBT 11.24 8.07 39.28 51.72 39.97 29.40 51.72 39.97 29.40
TAX 1.62 1.93 -16.06 13.21 10.05 31.44 13.21 10.05 31.44
Deferred Tax 0.61 0.04 1425.00 2.01 0.07 2771.43 2.01 0.07 2771.43
PAT 9.62 6.14 56.68 38.51 29.92 28.71 38.51 29.92 28.71
Equity 65.58 65.58 0.00 65.58 65.58 0.00 65.58 65.58 0.00
PBIDTM(%) 82.35 67.30 22.35 86.43 73.21 18.05 86.43 73.21 18.05
Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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