{"id":29396,"date":"2024-07-27T14:48:35","date_gmt":"2024-07-27T09:18:35","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2024\/07\/27\/share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income\/"},"modified":"2024-07-27T14:48:35","modified_gmt":"2024-07-27T09:18:35","slug":"share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2024\/07\/27\/share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income\/","title":{"rendered":"Share India Securities Reports 59% Surge in Q1 FY25 Standalone Total Income"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], July 27:<\/strong> Share India Securities\u00a0Limited.\u00a0(NSE\u00a0\u2013\u00a0INE932X01026, BSE \u2013\u00a0540725),\u00a0is a technology driven financial services provider that offers a wide range of customized solutions in the capital market, has announced its Financial Results for the Quarter ended 30th\u00a0June\u00a02024.<\/p>\n

Key\u00a0Financial Highlights<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\nConsolidated<\/td>\nStandalone<\/td>\n<\/tr>\n
\u00a0Particulars (\u20b9\u00a0Cr)<\/td>\nQ1 FY25<\/td>\nQ1 FY24<\/td>\nYoY<\/td>\nQ1 FY25<\/td>\nQ1 FY24<\/td>\nYoY<\/td>\n<\/tr>\n
Total Income<\/td>\n420.89<\/td>\n278.70<\/td>\n51.02%<\/td>\n331.42<\/td>\n208.90<\/td>\n58.65%<\/td>\n<\/tr>\n
EBITDA<\/td>\n153.57<\/td>\n125.96<\/td>\n21.92%<\/td>\n111.51<\/td>\n82.50<\/td>\n35.16%<\/td>\n<\/tr>\n
PAT<\/td>\n102.96<\/td>\n82.28<\/td>\n25.14%<\/td>\n72.82<\/td>\n51.08<\/td>\n42.58%<\/td>\n<\/tr>\n
EPS (\u20b9)<\/td>\n5.18<\/td>\n5.03<\/td>\n2.84%<\/td>\n3.67<\/td>\n3.13<\/td>\n17.12%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Other Highlights:<\/strong><\/p>\n

\u2022 Dividend Declaration:<\/strong> A 1st interim dividend of \u20b90.40 per equity share (face value \u20b92 each) has been announced, with August 2, 2024, set as the Record Date.<\/p>\n

\u2022 Board Appointments:<\/strong> The company has appointed Mr. Rajendran Chinna Veerappan, Dr. Ananta Singh Raghuvanshi, and Mr. Subhash Chander Kalia as Independent Directors, each for a term of five consecutive years.<\/p>\n

\u2022 Credit Ratings:<\/strong> CRISIL Ratings Limited has assigned a Long-Term Rating of CRISIL A+\/Stable and a Short-Term Rating of CRISIL A1+ to Share India Securities Limited\u2019s \u20b9200 Crore bank loan facilities.<\/p>\n

\u2022 Stock Split:<\/strong> Board approved stock split\/sub-division of each equity share having face value of \u20b910 each into 5 equity shares of face value \u20b92 each.<\/p>\n

<\/a>Commenting on the performance, Mr. Sachin Gupta \u2013 CEO & Whole-time Director of Share India Securities Limited said, \u201cWe are thrilled to share our exceptional performance for Q1 FY25, highlighted by a substantial 51% increase in consolidated total income, reaching \u20b9421 crore. Our standalone operations have shown even more impressive results, with a 59% growth in total income, amounting to \u20b9331 crore, alongside significant margin improvements. These results underscore the effectiveness of our strategies and our unwavering commitment to innovation.<\/p>\n

In addition to our financial achievements, we are pleased to declare a first interim dividend. We are also proud to receive CRISIL Ratings Long-Term Rating of CRISIL A+\/Stable and Short-Term Rating of CRISIL A1+. The recent board-approved stock split and the formation of our new subsidiary, Silverleaf Securities Research Private Limited, further highlight our strategic initiatives to enhance shareholder value and strengthen our market position.<\/p>\n

These developments reflect our continuous efforts to drive growth and deliver value. We are optimistic about the future and remain dedicated to sustaining our success.\u201d\u00a0<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], July 27: Share India Securities\u00a0Limited.\u00a0(NSE\u00a0\u2013\u00a0INE932X01026, BSE \u2013\u00a0540725),\u00a0is a technology driven financial services provider that offers a wide range of customized solutions in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-29396","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/29396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=29396"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/29396\/revisions"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=29396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=29396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=29396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}