Earnings | Abans Holdings Ltd (NSE: AHL): Q4FY23 Results Out; Total Income fell 51% YoY.

Abans Holdings Ltd is a globally diversified organization involved in various sectors. The company operates in Investment Management, Trading, Broking, Gold Refining, Non-Banking Financial Services, Agricultural Trading, Pharmaceuticals Distribution, Software Development, and Real Estate Development. With its wide range of business activities, Abans Holdings showcases its versatility and adaptability across different industries. The company’s investment management division oversees strategic investment decisions, while its trading and broking segments facilitate efficient trading operations.

• Abans Holdings Ltd Reported Total Income for Q4 FY23 of ₹573 Crore down from ₹1,164 Crore year on year, a negative growth of 51%.
• Total Expenses for Q4 FY23 of ₹547 Crore down from ₹1,087 Crore year on year, a negative growth of 49%.
• Consolidated Net Profit of ₹22 Crore, down 68% from ₹70 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹4.66, down 68% from ₹14.81 in the same quarter of the previous year.