Tradewell Holdings Q1 Results Total Income ₹3,237.89 Lacs, Net Loss ₹36.32 Lacs

Tradewell Holdings Q1 Results

Tradewell Holdings Q1 Results: Tradewell Holdings reported total income of ₹3,237.89 Lacs, which combines income from operations and other operating income for the quarter ended June 30, 2024. Their expenses during this period were ₹3,131.25 Lacs, including costs for operations, administration, employee salaries, depreciation, and interest. 

Tradewell Holdings experienced a loss of ₹36.32 Lacs before considering any exceptional items or taxes. After accounting for no tax expenses, the net loss remained ₹36.32 Lacs. Additionally, the company reported no other comprehensive income, so the total comprehensive income was also a loss of ₹36.32 Lacs.

For the entire fiscal year ended March 31, 2024, Tradewell Holdings’ total income was significantly higher at ₹5,775.56 Lacs. Their total expenses were ₹4,979.93 Lacs, leading to a profit of ₹292.53 Lacs before tax. After deducting tax expenses of ₹62.14 Lacs, the net profit for the year was ₹230.39 Lacs. The company's basic and diluted earnings per share for the year were ₹7.67. The company’s share capital remained steady at ₹300.44 Lacs, with no additional reserves.

Here are the financial results in a table format:

Source: Here 

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Tradewell Holdings Stock Performance

Tradewell Holdings has a market capitalization of ₹22.5 Crores, which means the total value of all its shares combined is this amount. The current price of each share is ₹75.00. The stock's highest price in the past was ₹114, and the lowest was ₹36.80. The Price to Earnings (P/E) ratio is 12.7, which shows how much investors are willing to pay for each unit of profit. The Book Value per share is ₹21.30, indicating the net worth of each share based on company assets. 

Here's the information in table format:

Quarterly Results 

The table shows Tradewell Holdings' financial performance for December 2023, March 2024, and June 2024. In December 2023, the company had a slight drop in sales and a small operating profit loss. Expenses were higher compared to sales, leading to a net loss. By March 2024, sales surged significantly, improving operating profit and net profit. 

Here's the summary for the quarters December 2023, March 2024, and June 2024:

(Figures in Crores)

About Tradewell Holdings

Tradewell Holdings is a financial services company that provides a range of trading and investment solutions. They offer online trading services, allowing clients to buy and sell stocks, bonds, and other securities through their website and mobile apps. Tradewell Holdings aims to make trading as seamless and efficient as possible with low brokerage charges and advanced technology that integrates every step of the trading process, from investment to settlement.

Tradewell Holdings also offer demat accounts, where investors can securely store their shares electronically. For clients who need a loan, Tradewell Holdings provides loans against securities, helping investors meet their liquidity needs without selling their assets. Additionally, they are involved in mutual fund investments, providing advice and access to various funds to help clients build their investment portfolios.

Security is a top priority, with Tradewell Holdings using advanced data protection systems to ensure client information is kept confidential. They also have a robust system for tracking and reviewing investments, allowing clients to monitor their stocks and transactions closely. With support across different devices and a focus on customer service, including a call-n-trade option for those who need help, Tradewell Holdings strives to deliver comprehensive and user-friendly financial services.