Shriram City Union Finance trades higher on reporting 10% rise in Q4 consolidated net profit
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Shriram City Union Finance is currently trading at Rs. 1714.35, up by 6.45 points or 0.38% from its previous closing of Rs. 1707.90 on the BSE.
The scrip opened at Rs. 1660.80 and has touched a high and low of Rs. 1722.75 and Rs. 1660.80 respectively. So far 582 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2600.00 on 14-Sep-2021 and a 52 week low of Rs. 1400.00 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 1767.30 and Rs. 1546.90 respectively. The current market cap of the company is Rs. 11397.01 crore.
The promoters holding in the company stood at 34.61%, while Institutions and Non-Institutions held 32.17% and 33.22% respectively.
Shriram City Union Finance has reported 7.57% rise in its net profit at Rs 303.44 crore for fourth quarter ended March 31, 2022 as compared to Rs 282.08 crore for the same quarter in the previous year. Total income of the company increased by 17.85% at Rs 1750.74 crore for Q4FY22 as compared Rs 1485.61 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported rise of 9.79% in its net profit at Rs 327.49 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 298.28 crore for the same quarter in the previous year. Total income of the company increased by 19.03% at Rs 1901.22 crore for Q4FY22 as compared Rs 1597.30 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 7.44% rise in its net profit at Rs 1086.19 crore as compared to Rs 1010.94 crore for the previous year. Total income of the company increased by 13.80% at Rs 6530.39 crore for year under review as compared to Rs 5738.44 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 8.08% in its net profit at Rs 1164.75 crore as compared to Rs 1077.72 crore for the previous year. Total income of the company increased by 14.86% at Rs 7077.49 crore for year under review as compared to Rs 6161.88 crore for year ended March 31, 2021.
