Share India Securities announced its Q2 FY25 results

30 October 2024

Share India Securities has recently announced its financial results forQ2 FY25, showcasing strong performance.

• Revenue Growth: The company reported a year-on-year (Y-o-Y) total income growth of 24.0%, increasing from Rs. 368 cr. in Q2 FY24 to Rs. 456 cr. in Q2 FY25. Notably, there has been a remarkable 1,341.5% surge in product sales, a 687.2% rise in dividend income, and a 43.5% increase in interest income compared to the same period last year.
• Increased Expenses: On the expense side, finance costs rose by 28.3%, while employee benefit expenses increased by 20.9%.
• PAT Margins and PAT Growth: Despite these higher expenses, the growth in revenue contributed to a 3.4% Y-o-Y improvement in profit after tax (PAT) margins. The company's bottom line also saw a 10.3% increase, growing from Rs. 113 cr. in Q2 FY24 to Rs. 124 cr. in Q2 FY25.

Overall, these results reflect Share India Securities' robust financial health and growth trajectory.