Dhani Services Ltd (NSE:DHANI) is a fintech company that offers digital financial services such as personal loans, insurance, and wealth management. It is part of the larger conglomerate, Indiabulls Group.
Dhani Services Ltd reported a total income of Rs. 167.9 crore for the period ended December 31, 2022, which is a decrease from Rs. 182.9 crore reported in the previous quarter. The company posted a net loss of Rs. -94.3 crore for the period ended December 31, 2022, as compared to a net loss of Rs. -87.8 crore reported in the previous quarter. The company’s EPS for the period ended December 31, 2022, was reported at Rs. -1.45, which improved from Rs. -1.62 reported in the previous quarter.
On a YoY basis, the company’s total income decreased from Rs. 501.5 crore to Rs. 167.9 crore for the period ended December 31, 2022. The company reported a net loss of Rs.-94.3 crore for the period ended December 31, 2022, which improved from a net loss of Rs.-218.0 crore reported in the same period of the previous year. The company’s EPS for the period ended December 31, 2022, improved to Rs.-1.45 from Rs.-3.89 reported in the same period of the previous year.
For the 9 months period ended December 31, 2022, the company reported a total income of Rs. 625.5 crore, which is a decrease from Rs. 1142.8 crore reported in the same period of the previous year. The company’s net loss for the 9 months period ended December 31, 2022, was reported at Rs. -283.5 crore, which improved from a net loss of Rs. -618.1 crore reported in the same period of the previous year. The company’s EPS for the 9 months period ended December 31, 2022, improved to Rs.-4.92 from Rs.-11.13 reported in the same period of the previous year.
Dhani Services Ltd has reported a decrease in total income and net profit/loss for the period ended December 31, 2022 compared to the previous quarter and the same period last year. However, the company has reported an improvement in EPS for the current quarter and 9 months period compared to the previous year. It is important to note that the company has undergone significant changes, such as the demerger of its healthcare business, which could impact its financial performance. Further analysis of the company’s operations and financial statements is necessary to fully understand its performance and future prospects.