SBFC Finance Reports Record High Net Sales and Profitability in Q1 FY25

SBFC Finance, a midcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has received a ‘Sell’ call from MarketsMOJO, indicating a decline in its overall score from 24 to 21 in the last three months.

Despite this, SBFC Finance has shown a very positive performance in the quarter, with its net sales reaching a record high of Rs 297.75 crore and consistently growing in the last five quarters. The company’s operating profit (PBDIT) has also seen a significant increase, reaching its highest at Rs 203.88 crore and showing growth in each quarter of the last five quarters. This trend is expected to continue in the near term.

SBFC Finance’s profit before tax less other income (PBT) has also reached its highest at Rs 105.37 crore and has shown growth in each quarter of the last five quarters. Similarly, the company’s profit after tax (PAT) has also reached its highest at Rs 78.91 crore and has consistently grown in the last five quarters. This indicates a positive trend in the company’s profitability.

Moreover, SBFC Finance’s operating profit margin has reached its highest at 68.47% in the last five quarters, showing an improvement in the company’s efficiency. In addition, the PBT and PAT have grown at 33.9% and 33.1% respectively, over the average of the previous four quarters, indicating a positive trend in the near term.

Furthermore, the company’s earnings per share (EPS) have also reached its highest at Rs 0.74 in the last five quarters, showcasing an increase in profitability and creating higher earnings for shareholders.

Overall, SBFC Finance has shown a strong financial performance in the quarter ending June 2024, with positive trends in key financial indicators. This reflects the company’s potential for growth and stability in the finance industry.