Ethos trades higher on reporting 37% rise in Q2 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Ethos is currently trading at Rs. 2023.35, up by 13.15 points or 0.65% from its previous closing of Rs. 2010.20 on the BSE.
The scrip opened at Rs. 2049.95 and has touched a high and low of Rs. 2065.00 and Rs. 2005.00 respectively. So far 1799 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2146.00 on 15-Nov-2023 and a 52 week low of Rs. 861.05 on 18-Nov-2022.
Last one week high and low of the scrip stood at Rs. 2146.00 and Rs. 1768.50 respectively. The current market cap of the company is Rs. 5018.37 crore.
The promoters holding in the company stood at 63.82%, while Institutions and Non-Institutions held 16.35% and 19.83% respectively.
Ethos has reported 36.49% rise in its net profit at Rs 18.44 crore for second quarter ended September 30, 2023 as compared to Rs 13.51 crore for the same quarter in the previous year. Total income of the company increased by 31.45% at Rs 238.63 crore for Q2FY24 as compared to Rs 181.53 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 37.09% rise in its net profit at Rs 18.59 crore for second quarter ended September 30, 2023 as compared to Rs 13.56 crore for the same quarter in the previous year. Total income of the company increased by 32.04% at Rs 239.49 crore for Q2FY24 as compared to Rs 181.38 crore for the corresponding quarter previous year.
