Morarka Finance declared their Q2 FY24 results on 18 Oct, 2023. The topline increased by 326.33% & the profit increased by 16259.46% YoY. As compared to the previous quarter the revenue declined by 82.48% and the profit decreased by 87.41%.
The Selling, general & administrative expenses declined by 0% q-o-q & increased by 17.1% Y-o-Y.
The operating income was down by 83.57% q-o-q & increased by 390.85% Y-o-Y.
The EPS is ₹1.34 for Q2 FY24 which increased by 13300% Y-o-Y.
Morarka Finance has delivered 1.71% return in the last 1 week, 10.51% return in last 6 months and 21.77% YTD return.
Currently the Morarka Finance has a market cap of ₹61.57 Cr and 52wk high/low of ₹154 & ₹91.75 respectively.
Morarka Finance Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0.9 | 5.13 | -82.48% | 0.21 | +326.33% |
| Selling/ General/ Admin Expenses Total | 0.07 | 0.07 | -0% | 0.06 | +17.1% |
| Depreciation/ Amortization | 0 | 0 | -0% | 0 | -12.5% |
| Total Operating Expense | 0.07 | 0.07 | -3.72% | 0.04 | +62.32% |
| Operating Income | 0.83 | 5.06 | -83.57% | 0.17 | +390.85% |
| Net Income Before Taxes | 0.81 | 5 | -83.69% | 0.15 | +461.16% |
| Net Income | 0.61 | 4.81 | -87.41% | 0 | +16259.46% |
| Diluted Normalized EPS | 1.34 | 10.69 | -87.46% | 0.01 | +13300% |
FAQs
Question : What is the Q2 FY24 profit/Loss as per company?
Ans : ₹0.61Cr
Question : What is Q2 FY24 revenue?
Ans : ₹0.9Cr
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