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Sangam Finserv - Quaterly Results

13 Aug 2024 Evaluate
The revenue zoomed 11.47% to Rs. 45.47 millions for the quarter ended June 2024 as compared to Rs. 40.79 millions during the corresponding quarter last year.A slim rise of 19.69% was recorded in the Net profit for the quarter ended June 2024 to Rs. 21.94  millions  From Rs. 18.33 millions.Operating profit for the quarter ended June 2024 rose to 36.92 millions as compared to 32.96 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 45.47 40.79 11.47 45.47 40.79 11.47 185.66 164.94 12.56
Other Income 0.00 0.03 0.00 0.00 0.03 0.00 0.12 0.10 20.00
PBIDT 36.92 32.96 12.01 36.92 32.96 12.01 143.54 134.32 6.86
Interest 7.32 7.14 2.52 7.32 7.14 2.52 35.21 39.86 -11.67
PBDT 29.60 25.82 14.64 29.60 25.82 14.64 108.33 94.46 14.68
Depreciation 0.43 0.56 -23.21 0.43 0.56 -23.21 2.36 2.51 -5.98
PBT 29.17 25.26 15.48 29.17 25.26 15.48 105.97 91.95 15.25
TAX 7.23 6.93 4.33 7.23 6.93 4.33 26.93 27.53 -2.18
Deferred Tax -0.23 -0.39 -41.03 -0.23 -0.39 -41.03 0.00 -0.62 -100.00
PAT 21.94 18.33 19.69 21.94 18.33 19.69 79.04 64.42 22.69
Equity 93.23 93.23 0.00 93.23 93.23 0.00 93.22 93.22 0.00
PBIDTM(%) 81.20 80.80 0.49 81.20 80.80 0.49 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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