Rapid Invest. - Quaterly Results

Rapid Investments Ltd. | Finance - NBFC | BFSI | BSE: 501351 | NSE:

22 Aug 2024 Evaluate

A decrease in the sales to Rs. 3.94 millions was observed for the quarter ended June 2024. The sales stood at Rs. 4.45 millions during the similar quarter previous year.Net Profit of the company move down -42.31% to Rs. 0.30 millions from Rs. 0.52 millions in the same quarter last year.The Operating Profit of the company witnessed a decrease to 0.41 millions from 0.71 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202406	202306	% Var	202406	202306	% Var	202403	202303	% Var
Sales	3.94	4.45	-11.46	3.94	4.45	-11.46	19.29	3.12	518.27
Other Income	0.07	0.54	-87.04	0.07	0.54	-87.04	0.17	0.48	-64.58
PBIDT	0.41	0.71	-42.25	0.41	0.71	-42.25	5.29	0.60	781.67
Interest	0.00	0.00	0.00	0.00	0.00	0.00	2.76	0.00	0.00
PBDT	0.41	0.71	-42.25	0.41	0.71	-42.25	2.53	0.60	321.67
Depreciation	0.01	0.01	0.00	0.01	0.01	0.00	0.03	0.04	-25.00
PBT	0.40	0.70	-42.86	0.40	0.70	-42.86	2.50	0.56	346.43
TAX	0.10	0.18	-44.44	0.10	0.18	-44.44	0.46	0.20	130.00
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00	-0.05	0.01	-600.00
PAT	0.30	0.52	-42.31	0.30	0.52	-42.31	2.04	0.36	466.67
Equity	13.10	13.10	0.00	13.10	13.10	0.00	13.10	13.10	0.00
PBIDTM(%)	10.41	15.96	-34.78	10.41	15.96	-34.78	27.42	19.23	42.60