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Akme Fintrade - Quaterly Results

11 Jul 2024 Evaluate
Net sales declined -5.45%  to  Rs. 200.54 million from Rs. 212.10 millions.The Company has registered profit of Rs. 62.83  millions for the quarter ended March 2024, a growth of 11.92%  over Rs. 56.14 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended March 2024 rose to 163.57 millions as compared to 160.88 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 200.54 212.10 -5.45 735.02 695.69 5.65 735.02 695.69 5.65
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 163.57 160.88 1.67 525.45 473.59 10.95 525.45 473.59 10.95
Interest 76.42 84.64 -9.71 282.81 280.08 0.97 282.81 280.08 0.97
PBDT 87.15 76.24 14.31 242.64 193.51 25.39 242.64 193.51 25.39
Depreciation 1.20 1.19 0.84 5.08 5.82 -12.71 5.08 5.82 -12.71
PBT 85.95 75.05 14.52 237.56 187.69 26.57 237.56 187.69 26.57
TAX 23.12 18.91 22.26 52.27 42.50 22.99 52.27 42.50 22.99
Deferred Tax -1.33 -3.33 -60.06 -12.53 -5.38 132.90 -12.53 -5.38 132.90
PAT 62.83 56.14 11.92 185.29 145.19 27.62 185.29 145.19 27.62
Equity 316.75 316.75 0.00 316.75 316.75 0.00 316.75 316.75 0.00
PBIDTM(%) 81.56 75.85 7.53 71.49 68.07 5.01 71.49 68.07 5.01
Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.00
Chola Invest & Fin. 1770.45
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