Sera Investments & Finance India Q1 Results Revenue ₹5.98B & Net Income ₹3.61B

Sera Investments & Finance India Q1 Results: In the Q1 2024 financial results for Sera Investments & Finance India, the company showed impressive growth across various metrics. The total revenue for Q1 was ₹5.98 billion, which is a 156.26% increase compared to the same quarter last year (YoY). This means the company earned more than double the revenue from Q1 of the previous year. When compared to the previous quarter (QoQ), the revenue grew by 13.55%, reflecting a strong quarter-on-quarter performance.

Sera Investments & Finance India’s SG&A (Selling, General, and Administrative) expenses were ₹0.09 billion in Q1, which is a decrease of 18.36% from the previous quarter. However, these expenses increased by 85% YoY, indicating that operational costs were higher than a year ago.

Sera Investments & Finance India’s Operating income for Q1 was ₹4.8 billion, showing a 5.08% increase QoQ and a remarkable 186.57% increase YoY. This significant YoY growth indicates that the company has become much more efficient at generating income from its operations over the past year. 

Sera Investments & Finance India’s Net income for Q1 also grew by 135.6% YoY, while the EPS (Earnings Per Share) rose by 93.74% YoY, showing a strong improvement in profitability and returns for shareholders. Overall, the company’s financial results reflect a period of substantial growth and improved financial health.

Here’s a table summarizing the Q1 2024 financial results for Sera Investments & Finance India:

Source: Here 

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Sera Investments & Finance India Q1 Results

Sera Investments & Finance India’s financial results for the quarter ending June 30, 2024, show their earnings and expenses. The company earned Rs. 597.94 lakhs from its main business activities. It did not report any additional income this quarter, so the total income was also Rs. 597.94 lakhs. Their main expenses were Rs. 117.51 lakhs, including costs for interest, employee salaries, and other business costs. This left them with a profit of Rs. 480.43 lakhs before taxes.

Sera Investments & Finance India paid Rs. 120.01 lakhs in current taxes, with a small adjustment of Rs. (0.99) lakhs for deferred taxes and Rs. 6.22 lakhs for taxes from previous years. After accounting for these, the profit for the quarter was Rs. 361.41 lakhs. They also had a large increase in other comprehensive income, totaling Rs. 9,303.79 lakhs, which includes gains that are not part of regular business activities.

Sera Investments & Finance India total comprehensive income, combining profit and other gains, was Rs. 9,303.79 lakhs. The company’s share capital stayed at Rs. 1,300 lakhs, and their earnings per share were Rs. 0.56, the same for both basic and diluted shares.

Here's the summarized version of the un-audited standalone financial results for Sera Investments & Finance India for the quarter ended June 30, 2024:

(Rs. In Lakhs except per share data)

Sera Investments & Finance India Financial Metrics

Sera Investments & Finance India’s financial table shows key details about the company’s stock. The market capitalization (Market Cap) of ₹179 Crores indicates the total value of all its shares combined. The stock’s current price is ₹27.5, with its highest price being ₹28.6 and lowest at ₹10.2. The Price-to-Earnings (P/E) ratio is 8.97, meaning investors pay 8.97 times the earnings per share. The book value is ₹5.17 per share, showing the net asset value.

Here's a simplified summary of the financial data you provided:

Quarterly Results 

For Sera Investments & Finance India, in the quarter ending December 2023, the company had strong sales of Rs. 9.13 crores and a high operating profit of Rs. 7.61 crores, with an excellent operating profit margin of 94.31%. They made a net profit of Rs. 7.41 crores. Moving to March 2024, sales decreased to Rs. 5.27 crores, but the operating profit was still solid at Rs. 4.97 crores, with a slightly lower operating profit margin of 84.28%. 

Here’s the data for the quarters Dec 2023, Mar 2024, and Jun 2024 with the particulars:

About Sera Investments & Finance India

Sera Investments & Finance India is dedicated to making it easier for you to reach your business and personal goals. We understand that getting a loan can often be stressful and complicated, with the need to visit banks, manage paperwork, and follow up repeatedly. Our aim is to simplify this process for you.

With Sera Investments & Finance India, you can access quick and convenient online loans designed to meet your needs. Our digital platform allows you to apply for a loan and receive approval without leaving your home or office. This means you can complete the entire process in minimal time, avoiding the traditional hassles of manual documentation and in-person meetings.

Sera Investments & Finance India believe that you should spend more time focusing on your personal and business goals, not on navigating the complexities of loan applications. By using our fully digital services, you can get the financing you need with less stress and more efficiency. Let Sera Investments & Finance India handle the details of your loan, so you can concentrate on achieving your dreams and advancing your success.