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SMC Global Securities Ltd Q1FY24; 19% fall in Profits

SMC Global Securities Ltd (SMC) is a well-diversified financial service company in India & Abroad, offering one-stop investment solutions in trading & investments, since 1990. It offers advanced broking services across equity, derivative, currency and commodity asset classes, financial analytics, mortgage advisory, investment banking and executions in cash & future equities.

Financial Results:

SMC Global Securities Ltd reported Revenues for Q1FY24 of ₹313.00 Crores up from ₹290.00 Crore year on year, a rise of 7.93%.

Total Expenses for Q1FY24 of ₹274.00 Crores up from ₹242.00 Crores year on year, a rise of 13.22%.

Consolidated Net Profit of ₹30.00 Crores down 18.92% from ₹37.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.87, down 12.23% from ₹3.27 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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