News Details

( As on 27/01/2023 21:40)

Regency Fincorp Q3 net profit jumps 57.69% at Rs 0.41 cr

The company reported standalone net profit of Rs 0.41 crore for the quarter ended December 31, 2022 as compared to Rs 0.26 crore in the same period last year, registering a year-on-year growth of 57.69 per cent.

Net revenue of the company rose triple digit by 145.95 per cent at Rs 3.64 crore in October-December quarter of this fiscal as against Rs 1.48 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 1.89 per cent to Rs 0.54 crore from Rs 0.53 crore in year ago period.

Operating Profit surged by 226.32 per cent to Rs 3.10 crore as against Rs 0.95 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 32.61 per cent in December quarter.

Interest grew by 362.26 per cent y-o-y to Rs 2.45 crore, while Taxation increased by 55.56 per cent at Rs 0.14 crore (Dec'21 Rs 0.09 crore).