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Asit C Mehta FinServ - Quaterly Results

23 May 2024 Evaluate
The sales for the March 2024 quarter moved down to Rs. 11.26 millions as compared to Rs. 12.94 millions during the year-ago period.The Net Loss for the quarter ended March 2024 is Rs. -6.34 millions as compared to Net Loss of Rs. -14.25 millions of corresponding quarter ended March 2023The company reported a good operating profit of 4.43 millions compared to 1.88 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 11.26 12.94 -12.98 46.18 33.52 37.77 46.18 33.52 37.77
Other Income 2.87 0.80 258.75 8.53 19.48 -56.21 8.53 19.48 -56.21
PBIDT 4.43 1.88 135.64 30.99 28.02 10.60 30.99 28.02 10.60
Interest 7.85 22.03 -64.37 69.36 81.32 -14.71 69.36 81.32 -14.71
PBDT -3.42 -20.15 -83.03 -38.37 -53.30 -28.01 -38.37 -53.30 -28.01
Depreciation 2.92 2.94 -0.68 11.69 11.88 -1.60 11.69 11.88 -1.60
PBT -6.34 -23.09 -72.54 -50.06 -65.18 -23.20 -50.06 -65.18 -23.20
TAX 0.00 -8.84 0.00 0.18 -9.17 -101.96 0.18 -9.17 -101.96
Deferred Tax 0.00 -9.19 0.00 0.00 -9.52 0.00 0.00 -9.52 0.00
PAT -6.34 -14.25 -55.51 -50.24 -56.01 -10.30 -50.24 -56.01 -10.30
Equity 82.46 49.53 66.48 82.46 49.53 66.48 82.46 49.53 66.48
PBIDTM(%) 39.34 14.53 170.80 67.11 83.59 -19.72 67.11 83.59 -19.72
Peers
Company Name CMP
Bajaj Finserv 1825.00
TVS Holdings 12537.45
Cholamandalam Fin. 1461.15
Altius Telecom Infra 175.00
Kama Holdings 2240.40
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