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Sangam Finserv - Quaterly Results

28 May 2024 Evaluate
A fair growth of 8.67% in the revenue at Rs. 46.99 millions was reported in the March 2024 quarter as compared to Rs. 43.24 millions during year-ago period.Net Profit witnessed a 251.37% growth almost the double from Rs. 3.64 millions to Rs. 12.79  millions  of same quarter last year.Operating Profit saw a handsome growth to 27.56 millions from 19.80 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 46.99 43.24 8.67 185.66 164.94 12.56 185.66 164.94 12.56
Other Income 0.03 0.02 50.00 0.12 0.10 20.00 0.12 0.10 20.00
PBIDT 27.56 19.80 39.19 143.54 134.32 6.86 143.54 134.32 6.86
Interest 9.52 12.53 -24.02 35.21 39.86 -11.67 35.21 39.86 -11.67
PBDT 18.04 7.27 148.14 108.33 94.46 14.68 108.33 94.46 14.68
Depreciation 0.61 0.74 -17.57 2.36 2.51 -5.98 2.36 2.51 -5.98
PBT 17.43 6.53 166.92 105.97 91.95 15.25 105.97 91.95 15.25
TAX 4.64 2.89 60.55 26.93 27.53 -2.18 26.93 27.53 -2.18
Deferred Tax 0.00 -0.05 0.00 0.00 -0.62 -100.00 0.00 -0.62 -100.00
PAT 12.79 3.64 251.37 79.04 64.42 22.69 79.04 64.42 22.69
Equity 93.22 93.22 0.00 93.22 93.22 0.00 93.22 93.22 0.00
PBIDTM(%) 58.65 45.79 28.08 77.31 81.44 -5.06 77.31 81.44 -5.06
Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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