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Summit Securities Ltd Q1FY24; 30% fall in Profits

Summit Securities Ltd is a non-deposit taking NBFC registered with RBI and is engaged in the business of investments in shares and securities.

Financial Results:

Summit Securities Ltd reported Revenues for Q1FY24 of ₹11.40 Crores down from ₹24.62 Crore year on year, a fall of 53.7%.

Total Expenses for Q1FY24 of ₹0.73 Crores down from ₹7.66 Crores year on year, a fall of 90.47%.

Consolidated Net Profit of ₹8.36 Crores down 29.92% from ₹11.93 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.67, down 29.89% from ₹10.94 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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