Emkay Global Q4 Consol Net Profit Stood at Rs 10.56 Cr

Emkay Global on Thursday reported 10.56 crore rupees consolidated net profit for the quarter ended March 2024 compared to a net loss of 5.37 crore rupees during the previous quarter ended March 2023. 

Key Takeaways from Emkay Global Financial Services’ Performance: 

• Consolidated net profit stood at 10.56 crore rupees in Q4 ended March 2024 against a net loss of 5.37 crore rupees in Q4 FY23.
• Revenue from operation surges 114.18% to 89.44 crore rupees in Q4 FY24 against 41.76 crore rupees in Q4 FY23.
•  Emkay Global announces final dividend of Rs 1.5 per equity share.

The company’s revenue from operations rose 114.18% to 89.44 crore rupees in the quarter ended March 2024 against 41.76 crore rupees in the previous quarter ended March 2023.

Net profit for the full year surged 130.40% to 32.44 crore rupees in the financial year ended March 2024 compared to 14.08 crore rupees during the previous year ended March 2023. 

Full-year revenue from operations stood at 280.50 crore rupees up 39.63% in the year ended March 2024 against 200.89 crore rupees in the financial year ended March 2023.

The company announced that its Board of Directors at its meeting on Thursday, recommended a final dividend of Rs 1.5 per equity share, with the shareholder's approval.

About Emkay Global Financial Service Limited:

Emkay Global Financial Services Limited founded in 1995 is a leading financial services sector, actively creating wealth for its clients for over two decades. Emkay Global aims to offer sound, research-backed financial advice. The company has successfully served a wide variety of clients around the world including foreign institutional investors, domestic mutual funds, hedge funds, insurance companies, private equity firms, corporate houses, small and medium-sized enterprises and high-net-worth individuals.

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