{"id":151790,"date":"2023-08-08T09:40:19","date_gmt":"2023-08-08T13:40:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=151790"},"modified":"2023-08-08T09:40:21","modified_gmt":"2023-08-08T13:40:21","slug":"radiant-cash-management-services-ltd-q1fy24-7-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/radiant-cash-management-services-ltd-q1fy24-7-fall-in-profits\/","title":{"rendered":"Radiant Cash Management Services Ltd Q1FY24; 7% fall in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Radiant Cash Management Services Ltd reported Revenues for Q1FY24 of \u20b993.00 Crores up from \u20b984.00 Crore year on year, a rise of 10.71%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b975.00 Crores up from \u20b964.00 Crores year on year, a rise of 17.19%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b914.00 Crores down 6.67% from \u20b915.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.34, down 11.26% from \u20b91.51 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-373.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373-839x1024.png\" alt=\"\" class=\"wp-image-151792\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-373.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>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 [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"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":[105,1],"tags":[11746],"class_list":["post-151790","post","type-post","status-publish","format-standard","hentry","category-infographics","category-finance-stocks","tag-cash-management"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149613,"url":"https:\/\/alphastreet.com\/india\/cms-info-systems-ltd-q1fy24-4-rise-in-profits\/","url_meta":{"origin":151790,"position":0},"title":"CMS Info Systems Ltd Q1FY24; 4% rise in Profits.","author":"Divyansh_Kasana","date":"July 21, 2023","format":false,"excerpt":"CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. 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