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Almondz Global Securities Ltd Q1FY24; 2% fall in Profits

Almondz Global Securities Ltd (formerly known as Allianz Securities Limited), incorporated in 1994, is a SEBI registered merchant banker and is the flagship company of Almondz Group. Its area of services include Equity Capital Market, Debt Capital Market, Private Equity and M&A, Infrastructure Advisory, Equity Broking & Wealth Management, Debt Portfolio Management Services and Distribution.

Financial Results:

Almondz Global Securities Ltd reported Revenues for Q1FY24 of ₹17.53 Crores up from ₹15.69 Crore year on year, a rise of 11.73%.

Total Expenses for Q1FY24 of ₹16.39 Crores up from ₹16.03 Crores year on year, a rise of 2.25%.

Consolidated Net Profit of ₹3.76 Crores down 1.57% from ₹3.82 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.44, down 2.70% from ₹1.48 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.

Tags: broking
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