{"id":150872,"date":"2023-08-02T08:33:47","date_gmt":"2023-08-02T12:33:47","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150872"},"modified":"2023-08-02T08:33:48","modified_gmt":"2023-08-02T12:33:48","slug":"summit-securities-ltd-q1fy24-30-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/summit-securities-ltd-q1fy24-30-fall-in-profits\/","title":{"rendered":"Summit Securities Ltd Q1FY24; 30% fall in Profits"},"content":{"rendered":"\n<p>Summit Securities Ltd is a non-deposit taking NBFC registered with RBI and is engaged in the business of investments in shares and securities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Summit Securities Ltd reported Revenues for Q1FY24 of \u20b911.40 Crores down from \u20b924.62 Crore year on year, a fall of 53.7%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b90.73 Crores down from \u20b97.66 Crores year on year, a fall of 90.47%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b98.36 Crores down 29.92% from \u20b911.93 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b97.67, down 29.89% from \u20b910.94 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70-839x1024.png\" alt=\"\" class=\"wp-image-150874\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b911.40 Crores down from \u20b924.62 Crore year on year, a fall of 53.7%. Total Expenses for Q1FY24 of \u20b90.73 Crores down from [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":150874,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[11348,9708,12356],"class_list":["post-150872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-investment","tag-nbfc","tag-securities"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-70.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152842,"url":"https:\/\/alphastreet.com\/india\/naga-dhunseri-group-ltd-q1fy24-75-fall-in-profits\/","url_meta":{"origin":150872,"position":0},"title":"Naga Dhunseri Group Ltd Q1FY24; 75% fall in Profits","author":"Karan_Singh","date":"August 11, 2023","format":false,"excerpt":"Naga Dhunseri Group Ltd is a Non-Banking Financial Company engaged in the business of making investments in shares and securities. Financial Results: Naga Dhunseri Group Ltd reported Revenues for Q1FY24 of \u20b94.99 Crores up from \u20b90.38 Crore year on year, a rise of 1213.16%. Total Expenses for Q1FY24 of \u20b90.68\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-721.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152054,"url":"https:\/\/alphastreet.com\/india\/pilani-investment-44-fall-in-profits\/","url_meta":{"origin":150872,"position":1},"title":"Pilani Investment &#038; Industries Corporation Ltd Q1FY24; 44% fall in Profits","author":"Karan_Singh","date":"August 9, 2023","format":false,"excerpt":"Pilani Investment and Industries Corporation Limited is registered as a non-deposit taking NBFC with the Reserve Bank of India. It functions as a core investment company with main activity being investment in shares and securities of the Birla group companies and providing finance to them. Financial Results: Pilani Investment &\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-460.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153808,"url":"https:\/\/alphastreet.com\/india\/ganges-securities-ltd-q1fy24-27-fall-in-revenue\/","url_meta":{"origin":150872,"position":2},"title":"Ganges Securities Ltd Q1FY24; 27% fall in Revenue","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Incorporated in 2015, Ganges Securities Ltd is a part of the K.K. Birla Group. The Co. is a Core Investment Company primarily engaged in investing and dealing in securities of group companies and immovable properties. It also has a subsidiary engaged in the tea business. 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It is primarily engaged in investing and dealing in securities and immovable properties It is also present in the food processing business through one of its subsidiaries. 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Total Expenses for Q1FY24 of \u20b911.10 Crores up from \u20b910.87 Crores year on\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-912.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152392,"url":"https:\/\/alphastreet.com\/india\/almondz-global-securities-ltd-q1fy24-2-fall-in-profits\/","url_meta":{"origin":150872,"position":5},"title":"Almondz Global Securities Ltd Q1FY24; 2% fall in Profits","author":"Divyansh_Kasana","date":"August 10, 2023","format":false,"excerpt":"Almondz Global Securities Ltd (formerly known as Allianz Securities Limited), incorporated in 1994, is a SEBI registered merchant banker and is the flagship company of Almondz Group. Its area of services include Equity Capital Market, Debt Capital Market, Private Equity and M&A, Infrastructure Advisory, Equity Broking & Wealth Management, Debt\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-574.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=150872"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/150872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/150874"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=150872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=150872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=150872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}