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Radiant Cash Management Services Ltd Q1FY24; 7% fall in Profits

Incorporated in 2005, Radiant Cash Management Services Limited is market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. The company offers a range of services under this segment consisting of collection and delivery of cash on behalf of its clients from the end user.

Financial Results:

Radiant Cash Management Services Ltd reported Revenues for Q1FY24 of ₹93.00 Crores up from ₹84.00 Crore year on year, a rise of 10.71%.

Total Expenses for Q1FY24 of ₹75.00 Crores up from ₹64.00 Crores year on year, a rise of 17.19%.

Consolidated Net Profit of ₹14.00 Crores down 6.67% from ₹15.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.34, down 11.26% from ₹1.51 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.

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