- Home »
- Quarterly Results »
- Rajath Finance Q1 Results, Net Loss After Tax of ₹68.98 Lakh and Total Comprehensive Loss of ₹65.96 Lakh
Rajath Finance Q1 Results, Net Loss After Tax of ₹68.98 Lakh and Total Comprehensive Loss of ₹65.96 Lakh
Rajath Finance Q1 Results reveal a 39.45% QoQ decrease in total income to ₹3.43 lakh with an operating profit margin of -294.29% and a net loss after tax increasing by 3.5% QoQ to ₹68.98 lakh, Rajath Finance Q1 Results show improvement in net loss before tax by 25.2% QoQ to ₹76.19 lakh.
by P Nandhini
Updated Sep 14, 2024
Table of Content
Rajath Finance Q1 Results Live: Rajath Finance reported their Q1 results for the 2024-2025 financial year on August 14, 2024. The company's total income from operations for the quarter ending June 30, 2024, was ₹3.43 lakh, showing a decrease of 39.45% compared to the previous quarter's income of ₹5.68 lakh.
This decline reflects a challenging period for the company, with a notable drop in revenue. The net loss before tax for Q1 was ₹76.19 lahks, compared to ₹101.63 lakh in the previous quarter, indicating a 25.2% improvement quarter-on-quarter (QoQ).
Despite this, the net loss after tax for the quarter ended June 30, 2024, was ₹68.98 lakh, which is a slight increase of 3.5% QoQ from ₹66.59 lakh in the preceding quarter. The company’s earnings per share (EPS) also decreased to ₹(1.72) from ₹(1.66) QoQ, highlighting ongoing financial challenges.
For More Q1 results check our Twitter Page
Rajath Finance Q1 Results 2024 - 2025
Here’s a summary of Rajath Finance’s Q1 results for the 2024-2025 financial year. The figures provide insight into the company's financial performance and reflect some significant changes compared to the previous quarter.
| Particulars | Q1 FY 2024-25 | Previous Quarter |
|---|---|---|
| Total Income from Operations | ₹3.43 lakh | ₹5.68 lakh |
| Net Profit/(Loss) Before Tax | ₹(76.19) lakh | ₹(101.63) lakh |
| Net Profit/(Loss) After Tax | ₹(68.98) lakh | ₹(66.59) lakh |
| Total Comprehensive Income | ₹(65.96) lakh | ₹(66.59) lakh |
| Equity Share Capital | ₹400.00 lakh | ₹400.00 lakh |
| Reserves (excluding Revaluation Reserve) | ₹100.40 lakh | ₹166.36 lakh |
| Basic EPS | ₹(1.72) | ₹(1.66) |
| Diluted EPS | ₹(1.72) | ₹(1.66) |
Source: Click Here
Rajath Finance Current Market Overview
As of now, Rajath Finance is trading at ₹26.5 per share on the BSE, with a market cap of ₹10.6 crore. The stock has fluctuated between ₹18.8 and ₹26.5 recently. It has a book value of ₹12.5 and does not offer any dividend yield.
The company's financial performance shows a negative return on capital employed (ROCE) of -22.7% and a negative return on equity (ROE) of -20.0%, indicating some financial challenges. The face value of each share is ₹10.0.
| Aspect | Value |
|---|---|
| Current Price | ₹26.5 |
| Market Cap | ₹10.6 crore |
| High / Low Price | ₹26.5 / ₹18.8 |
| Book Value | ₹12.5 |
| Dividend Yield | 0.00% |
| ROCE | -22.7% |
| ROE | -20.0% |
| Face Value | ₹10.0 |
Quarterly Results
Here is the summary of Rajath Finance’s quarterly results for the end of 2023 and the first half of 2024. These results highlight the company's performance over the last few quarters, showing variations in sales, expenses, and profitability.
| Aspect | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales | 0.00 | 0.06 | 0.03 |
| Expenses | 0.12 | 1.07 | 0.72 |
| Operating Profit | -0.12 | -1.01 | -0.69 |
| OPM % | -1,683.33% | -2,300.00% | -2,300.00% |
| Other Income | 0.00 | 0.13 | 0.00 |
| Interest | 0.01 | 0.01 | 0.00 |
| Depreciation | 0.00 | 0.12 | 0.00 |
| Profit Before Tax | -0.13 | -1.01 | -0.69 |
| Tax % | 0.00% | -34.65% | 0.00% |
| Net Profit | -0.13 | -0.67 | -0.69 |
| EPS (₹) | -0.32 | -1.68 | -1.72 |
About Rajath Finance
Rajath Finance, established in 1984, is a Non-Banking Financial Institution (NBFI) based in India. The company provides a range of financial services, including loans and investments, but does not accept deposits like traditional banks.
As an NBFI, Rajath Finance focuses on offering specialized financial products and services to meet the needs of its clients. Over the years, it has aimed to build a strong reputation in the financial sector by adapting to market changes and striving to deliver quality financial solutions.
Check our website for more Q1 results.
Rajath Finance Q1 Results - FAQs
1. What is Rajath Finance’s total income from operations for Q1 FY 2024-25?
Rajath Finance’s total income from operations for Q1 FY 2024-25 is ₹3.43 lakh.
2. How much did Rajath Finance earn in the previous quarter?
Rajath Finance earned ₹5.68 lakh in the previous quarter.
3. What is the percentage decrease in Rajath Finance’s total income from the previous quarter?
Rajath Finance’s total income decreased by 39.45% compared to the previous quarter.
4. What was Rajath Finance’s net loss before tax for Q1 FY 2024-25?
Rajath Finance’s net loss before tax for Q1 FY 2024-25 was ₹76.19 lakh.
5. What was the net loss after tax for Rajath Finance in Q1 FY 2024-25?
Rajath Finance’s net loss after tax for Q1 FY 2024-25 was ₹68.98 lakh.
6. What was Rajath Finance’s total comprehensive income for Q1 FY 2024-25?
Rajath Finance’s total comprehensive income for Q1 FY 2024-25 was ₹(65.96) lakh.
7. What is the equity share capital of Rajath Finance for Q1 FY 2024-25?
Rajath Finance’s equity share capital for Q1 FY 2024-25 is ₹400.00 lakh.
8. What is the operating profit margin (OPM %) for Rajath Finance in Q1 FY 2024-25?
Rajath Finance’s operating profit margin (OPM %) is -294.29% for Q1 FY 2024-25.
9. What is the amount of other income reported by Rajath Finance in Q1 FY 2024-25?
Rajath Finance reported ₹0.00 lakh in other income for Q1 FY 2024-25.