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Palash Securities - Quaterly Results

15 May 2024 Evaluate
The Sales for the quarter ended March 2024 of Rs. 0.43 million declined by -98.21% from Rs. 24.08 millions.Net profit was down at Rs. 0.44  millions against Rs. 19.24 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -97.71%.A decline of 0.58 millions was observed in the OP in the quarter ended March 2024 from 23.68 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 0.43 24.08 -98.21 2.33 48.44 -95.19 2.33 48.44 -95.19
Other Income 0.88 0.88 0.00 3.55 3.78 -6.08 3.55 3.78 -6.08
PBIDT 0.58 23.68 -97.55 2.60 48.04 -94.59 2.60 48.04 -94.59
Interest 0.00 0.25 0.00 0.36 1.07 -66.36 0.36 1.07 -66.36
PBDT 0.58 23.43 -97.52 2.24 46.97 -95.23 2.24 46.97 -95.23
Depreciation 0.02 0.05 -60.00 0.17 0.20 -15.00 0.17 0.20 -15.00
PBT 0.56 23.38 -97.60 2.07 46.77 -95.57 2.07 46.77 -95.57
TAX 0.12 4.14 -97.10 0.43 4.14 -89.61 0.43 4.14 -89.61
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.44 19.24 -97.71 1.64 42.63 -96.15 1.64 42.63 -96.15
Equity 100.03 100.03 0.00 100.03 100.03 0.00 100.03 100.03 0.00
PBIDTM(%) 134.88 98.34 37.16 111.59 99.17 12.52 111.59 99.17 12.52
Peers
Company Name CMP
Bajaj Finserv 1729.90
TVS Holdings 11885.75
Cholamandalam Fin. 1371.35
Altius Telecom Infra 179.00
Kama Holdings 2259.85
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