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Akme Fintrade - Quaterly Results

29 Jul 2024 Evaluate
The sales figure stood at Rs. 213.30 millions for the June 2024 quarter. The mentioned figure indicates a growth of about 29.87% as compared to Rs. 164.24 millions during the year-ago period.The Net Profit of the company vaulted to 185.89% to Rs. 86.11  millions from Rs. 30.12 millions in the previous quarter.Operating profit for the quarter ended June 2024 rose to 174.20 millions as compared to 106.19 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 213.30 164.24 29.87 213.30 164.24 29.87 735.02 695.69 5.65
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 174.20 106.19 64.05 174.20 106.19 64.05 525.45 473.59 10.95
Interest 82.02 64.23 27.70 82.02 64.23 27.70 282.81 280.08 0.97
PBDT 92.18 41.96 119.69 92.18 41.96 119.69 242.64 193.51 25.39
Depreciation 1.12 1.25 -10.40 1.12 1.25 -10.40 5.08 5.82 -12.71
PBT 91.06 40.71 123.68 91.06 40.71 123.68 237.56 187.69 26.57
TAX 4.95 10.59 -53.26 4.95 10.59 -53.26 52.27 42.50 22.99
Deferred Tax -4.09 0.00 0.00 -4.09 0.00 0.00 -12.53 -5.38 132.90
PAT 86.11 30.12 185.89 86.11 30.12 185.89 185.29 145.19 27.62
Equity 426.75 426.75 0.00 426.75 426.75 0.00 316.75 316.75 0.00
PBIDTM(%) 81.67 64.66 26.31 81.67 64.66 26.31 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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