{"id":45310,"date":"2024-07-27T14:48:35","date_gmt":"2024-07-27T09:18:35","guid":{"rendered":"https:\/\/northwestnewstimes.com\/index.php\/2024\/07\/27\/share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income\/"},"modified":"2024-07-27T14:48:35","modified_gmt":"2024-07-27T09:18:35","slug":"share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income","status":"publish","type":"post","link":"https:\/\/northwestnewstimes.com\/index.php\/2024\/07\/27\/share-india-securities-reports-59-surge-in-q1-fy25-standalone-total-income\/","title":{"rendered":"Share India Securities Reports 59% Surge in Q1 FY25 Standalone Total Income"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], July 27:<\/strong> Share India Securities\u00a0Limited.\u00a0(NSE\u00a0\u2013\u00a0INE932X01026, BSE \u2013\u00a0540725),\u00a0is a technology driven financial services provider that offers a wide range of customized solutions in the capital market, has announced its Financial Results for the Quarter ended 30th\u00a0June\u00a02024.<\/p>\n<p><strong>Key\u00a0Financial Highlights<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td>\u00a0<\/td>\n<td colspan=\"3\">Consolidated<\/td>\n<td colspan=\"3\">Standalone<\/td>\n<\/tr>\n<tr>\n<td>\u00a0Particulars (\u20b9\u00a0Cr)<\/td>\n<td>Q1 FY25<\/td>\n<td>Q1 FY24<\/td>\n<td>YoY<\/td>\n<td>Q1 FY25<\/td>\n<td>Q1 FY24<\/td>\n<td>YoY<\/td>\n<\/tr>\n<tr>\n<td>Total Income<\/td>\n<td>420.89<\/td>\n<td>278.70<\/td>\n<td>51.02%<\/td>\n<td>331.42<\/td>\n<td>208.90<\/td>\n<td>58.65%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>153.57<\/td>\n<td>125.96<\/td>\n<td>21.92%<\/td>\n<td>111.51<\/td>\n<td>82.50<\/td>\n<td>35.16%<\/td>\n<\/tr>\n<tr>\n<td>PAT<\/td>\n<td>102.96<\/td>\n<td>82.28<\/td>\n<td>25.14%<\/td>\n<td>72.82<\/td>\n<td>51.08<\/td>\n<td>42.58%<\/td>\n<\/tr>\n<tr>\n<td>EPS (\u20b9)<\/td>\n<td>5.18<\/td>\n<td>5.03<\/td>\n<td>2.84%<\/td>\n<td>3.67<\/td>\n<td>3.13<\/td>\n<td>17.12%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Other Highlights:<\/strong><\/p>\n<p><strong>\u2022 Dividend Declaration:<\/strong> A 1st interim dividend of \u20b90.40 per equity share (face value \u20b92 each) has been announced, with August 2, 2024, set as the Record Date.<\/p>\n<p>\u2022 <strong>Board Appointments:<\/strong> The company has appointed Mr. Rajendran Chinna Veerappan, Dr. Ananta Singh Raghuvanshi, and Mr. Subhash Chander Kalia as Independent Directors, each for a term of five consecutive years.<\/p>\n<p><strong>\u2022 Credit Ratings:<\/strong> CRISIL Ratings Limited has assigned a Long-Term Rating of CRISIL A+\/Stable and a Short-Term Rating of CRISIL A1+ to Share India Securities Limited\u2019s \u20b9200 Crore bank loan facilities.<\/p>\n<p><strong>\u2022 Stock Split:<\/strong> Board approved stock split\/sub-division of each equity share having face value of \u20b910 each into 5 equity shares of face value \u20b92 each.<\/p>\n<p><a><\/a>Commenting on the performance, Mr. Sachin Gupta \u2013 CEO &amp; Whole-time Director of Share India Securities Limited said, \u201cWe are thrilled to share our exceptional performance for Q1 FY25, highlighted by a substantial 51% increase in consolidated total income, reaching \u20b9421 crore. Our standalone operations have shown even more impressive results, with a 59% growth in total income, amounting to \u20b9331 crore, alongside significant margin improvements. These results underscore the effectiveness of our strategies and our unwavering commitment to innovation.<\/p>\n<p>In addition to our financial achievements, we are pleased to declare a first interim dividend. We are also proud to receive CRISIL Ratings Long-Term Rating of CRISIL A+\/Stable and Short-Term Rating of CRISIL A1+. The recent board-approved stock split and the formation of our new subsidiary, Silverleaf Securities Research Private Limited, further highlight our strategic initiatives to enhance shareholder value and strengthen our market position.<\/p>\n<p>These developments reflect our continuous efforts to drive growth and deliver value. We are optimistic about the future and remain dedicated to sustaining our success.\u201d\u00a0<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], July 27: Share India Securities\u00a0Limited.\u00a0(NSE\u00a0\u2013\u00a0INE932X01026, BSE \u2013\u00a0540725),\u00a0is a technology driven financial services provider that offers a wide range of customized solutions in the capital market, has announced its Financial Results for the Quarter ended 30th\u00a0June\u00a02024. Key\u00a0Financial Highlights \u00a0 Consolidated Standalone \u00a0Particulars (\u20b9\u00a0Cr) Q1 FY25 Q1 FY24 YoY Q1 FY25 Q1 FY24 YoY [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1343],"class_list":["post-45310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/posts\/45310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=45310"}],"version-history":[{"count":0,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/posts\/45310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/media\/45311"}],"wp:attachment":[{"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=45310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=45310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/northwestnewstimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=45310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}