Dalal Street Investments Q1 Results with Revenue ₹37.19 crore & Net Profit ₹6.90 crore

Dalal Street Investments Q1 Results

Dalal Street Investments Q1 Results: The financial results of Dalal Street Investments for the quarter ending June 30, 2024, show key details about the company's performance. Revenue from operations increased to 15 lakh, a noticeable improvement from the previous quarter (March 2024) where it was only 3.75 lakh. Compared to the same period last year (June 2023), revenue also grew from 11.25 lakh. This means the company made more money from its main business activities.

Dalal Street Investments’ Other income, which includes money made from activities outside its regular business, saw a big increase, reaching 22.19 lakh in June 2024. This was much higher than the 13.19 lakh in March 2024 and 0.76 lakh in June 2023. When we add up both revenue and other income, the total revenue for June 2024 was 37.19 lakh, again much higher than in previous quarters.

On the expense side, Dalal Street Investments managed to keep its costs in check, with total expenses at 30.29 lakh. Even though expenses are down from 38.37 lakh in March 2024, it’s still lower compared to last year. This helped the company report a profit before tax of 6.90 lakh in June 2024, turning around the losses it experienced in March 2024 (21.43 lakh loss) and June 2023 (5.90 lakh loss).

Here is a simplified breakdown of the Standalone Un-Audited Financial Results for the Quarter ended June 30, 2024, comparing it with past periods:

Source: Here 

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Dalal Street Investments Financial Metrics

The table shows important financial information about Dalal Street Investments. The company has a market cap of ₹17.8 crore, which means the total value of all its shares is ₹17.8 crore. Its current share price is ₹555, with the highest being ₹615 and the lowest ₹269. The stock has a high price-to-earnings (P/E) ratio of 68.3, meaning the stock is expensive compared to its earnings. The book value per share is ₹166, but the company does not pay dividends. It has low returns with a 2.52% return on capital employed (ROCE) and a 2.39% return on equity (ROE).

Here’s the information in table format:

Quarterly Results 

The Dalal Street Investments table shows the financial performance of a company for three periods: December 2023, March 2024, and June 2024. In December 2023, the company made a small profit of ₹0.06 crores but faced a loss of ₹0.20 crores in March 2024. By June 2024, it returned to a profit of ₹0.07 crores. Sales fluctuated, with ₹0.11 crores in December, dropping to ₹0.04 crores in March, and rising to ₹0.15 crores in June. Expenses increased over these months, showing challenges in managing costs. 

Here’s the periods (Dec 2023, Mar 2024, and Jun 2024) in table format:

About Dalal Street Investments

Dalal Street Investments is a company listed on the Bombay Stock Exchange (BSE) and was established on November 18, 1977. Initially, it operated as a Non-Banking Finance Company (NBFC), which means it provided various financial services. However, the company stopped being an NBFC on September 11, 2018. Since then, Dalal Street Investments has shifted its focus to offering advisory and consultancy services to clients.

Dalal Street Investments helps businesses adapt to changes in consumer behavior and supply chain needs. In today’s fast-paced market, businesses must understand and anticipate what changes will last. Dalal Street Investments aims to address important issues and opportunities for its clients through various consulting services. These services include helping with strategy, capital needs, marketing, organization, operations, digital solutions, analytics, corporate finance, and mergers and acquisitions.

They work with clients from different industries and geographical areas, providing tailored advice to help them succeed. Overall, Dalal Street Investments is committed to helping businesses navigate challenges and seize opportunities in a constantly evolving market.