Categories AlphaGraphs, Earnings

5Paisa Capital Ltd Q2FY24; 73% rise in Profits

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 Q2FY24 of ₹97.00 Crores up from ₹80.00 Crore year on year, a rise of 21.25%.

Total Expenses for Q2FY24 of ₹71.00 Crores up from ₹67.00 Crores year on year, a rise of 5.97%.

Consolidated Net Profit of ₹19.00 Crores up 72.73% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.19, up 76.35% from ₹3.51 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.

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