Religare Enterprises declines on reporting 16% fall in Q4 consolidated net profit
Religare Enterprises is currently trading at Rs. 229.00, down by 0.85 points or 0.37% from its previous closing of Rs. 229.85 on the BSE.
The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 230.30 and Rs. 228.45 respectively. So far 8324 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.90 on 17-Dec-2024 and a 52 week low of Rs. 201.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 234.00 and Rs. 215.50 respectively. The current market cap of the company is Rs. 7571.97 crore.
The promoters holding in the company stood at 25.67%, while Institutions and Non-Institutions held 20.00% and 54.33% respectively.
Religare Enterprises has reported net loss of Rs 17.74 crore for the quarter under review as compared to net loss of Rs 14.99 crore for the same quarter in the previous year. The total income of the company decreased by 19.01% at Rs 5.58 crore for Q4FY25 as compared to Rs 6.89 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.39% decline in its net profit at Rs 151.30 crore for fourth quarter ended March 31, 2025 as compared to Rs 180.96 crore for the same quarter in the previous year. However, total income of the company increased by 8.90% at Rs 2,041.23 crore for Q4FY25 as compared to Rs 1,874.48 crore for the corresponding quarter previous year.
For the year ended March 31, 2025, the company has reported net loss of Rs 37.54 crore as compared to net loss of Rs 65.35 crore for the previous year. However, total income of the company increased by 65.69% at Rs 41.82 crore for year under review as compared to Rs 25.24 crore for year ended March 31, 2024.
For the year ended March 31, 2025, on the consolidated basis, the company has reported 47.23% decline in its net profit at Rs 183.32 crore as compared to Rs 347.41 crore for the previous year. However, total income of the company increased by 17.42% at Rs 7396.88 crore for year under review as compared to Rs 6,299.26 crore for year ended March 31, 2024.
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