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Choice International Ltd Q2FY24; 275% rise in Profits

Choice International Ltd was incorporated in 1993. It is an integrated and diversified financial services group. It provides a wide range of financial services that includes Broking & Distribution, Investment Banking, Financial Services to Business Advisory, Regulatory Compliances to Government authorities & other corporate entities, Retail loan distribution, Mutual Fund distribution, technical services, and other ancillary services. The registered office of the Company is in Mumbai.

Financial Results:

Choice International Ltd reported Revenues for Q2FY24 of ₹191.00 Crores up from ₹77.00 Crore year on year, a rise of 148.05%.

Total Expenses for Q2FY24 of ₹154.00 Crores up from ₹67.00 Crores year on year, a rise of 129.85%.

Consolidated Net Profit of ₹30.00 Crores up 275.0% from ₹8.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.01, up 262.65% from ₹0.83 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: Finance
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