D.B. Corp surges on reporting over 2-fold jump in Q1 consolidated net profit
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D.B. Corp is currently trading at Rs. 201.45, up by 7.25 points or 3.73% from its previous closing of Rs. 194.20 on the BSE.
The scrip opened at Rs. 194.20 and has touched a high and low of Rs. 206.95 and Rs. 192.00 respectively. So far 207915 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 206.95 on 20-Jul-2023 and a 52 week low of Rs. 79.80 on 27-Jul-2022.
Last one week high and low of the scrip stood at Rs. 206.95 and Rs. 175.90 respectively. The current market cap of the company is Rs. 3579.63 crore.
The promoters holding in the company stood at 71.98% while Institutions and Non-Institutions held 16.61% and 11.40% respectively.
D.B. Corp has reported results for first quarter ended June 30, 2023 (Q1FY24).
D.B. Corp has reported over 2-fold jump in its net profit of Rs 78.74 crore for the quarter under review as compared to Rs 31 crore for the same quarter in the previous year. Total income of the company increased by 14.86% at Rs 573.59 crore for Q1FY24 as compared Rs 499.38 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 78.76 crore for the quarter ended June 30, 2023 as compared to Rs 31 crore for the same quarter in the previous year. Total income of the company increased by 14.86% at Rs 573.61 crore for Q1FY24 as compared Rs 499.38 crore for the corresponding quarter previous year.
