Tuesday , October 19 2021

Shriram City Union Finance slips despite reporting many fold jump in Q4 net profit

Mumbai : Shriram City Union Finance is currently trading at Rs. 1674.15, down by 24.25 points or 1.43% from its previous closing of Rs. 1698.40 on the BSE. The scrip opened at Rs. 1730.00 and has touched a high and low of Rs. 1750.00 and Rs. 1670.25 respectively. So far 96 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2454.05 on 30-Apr-2018 and a 52 week low of Rs. 1480.05 on 23-Oct-2018. Last one week high and low of the scrip stood at Rs. 1844.95 and Rs. 1651.00 respectively. The current market cap of the company is Rs. 11075.29 crore. The promoters holding in the company stood at 33.74%, while Institutions and Non-Institutions held 32.13% and 34.13% respectively.

Shriram City Union Finance has reported many fold jump in its net profit at Rs 251.27 crore for the quarter ended March 31, 2019 as compared to Rs 22.02 crore for the same quarter in the previous year. Total income of the company increased by 11.64% at Rs 1,437.96 crore for Q4FY19 as compared Rs 1,288.05 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 39.09% in its net profit at Rs 988.88 crore as compared to Rs 710.94 crore for the previous year. Total income of the company increased by 12.07% at Rs 5,781.30 crore for year under review as compared to Rs 5,158.47 crore for year ended March 31, 2018.

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