Choice International Ltd Q2FY25; 53% rise in Profits

Business Overview
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 Q2FY25 of ₹247.00 Crores up from ₹191.00 Crore year on year, a rise of 29.32%.

Total Expenses for Q2FY25 of ₹189.00 Crores up from ₹154.00 Crores year on year, a rise of 22.73%.

Consolidated Net Profit of ₹46.00 Crores up 53.33% from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.31, up 56.08% from ₹1.48 in the same quarter of the previous year.