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5Paisa Capital Ltd Q1FY24; 114% rise in Profits.

Company Description:

5 paisa capital was started in 2007. It is a fintech company having presence mainly in online discounted stock broking, depository services, research, distribution of financial products, and peer-to-peer lending. Its Promoter is Mr. Nirmal Jain who is also the promoter of IIFL Group.

Financial Results:

5Paisa Capital Ltd reported Revenues for Q1FY24 of ₹85.00 Crores up from ₹84.00 Crore year on year, a rise of 1.19%.

Total Expenses for Q1FY24 of ₹65.00 Crores down from ₹73.00 Crores year on year, a fall of 10.96%.

Consolidated Net Profit of ₹15.00 Crores up 114.29% from ₹7.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.75, up 89.24% from ₹2.51 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
Tags: Finance
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