Bervin Investments & Leasing Q1 Results Report ₹55.87 Lakh Income, ₹157.68 Lakh Loss, and ₹(2.67) EPS

Bervin Investments & Leasing has recently released its financial results for the first quarter of the 2024-2025 fiscal year. The company reported a total income of ₹55.87 lakh for the quarter ended March 31, 2024, driven mainly by other income, as there was no revenue from operations during this period.

However, the company faced a loss of ₹157.68 lakh, primarily due to significant tax expenses amounting to ₹191.37 lakh. This resulted in a loss per share of ₹2.67. Despite these challenges, Bervin Investments & Leasing has shown a positive trend in its investment activities, which remain its core business.

The company continues to focus on enhancing its financial position and addressing operational costs as it moves forward in the fiscal year. The results indicate a need for strategic adjustments to improve profitability and manage expenses effectively in the coming quarters.

Bervin Investments & Leasing Q1 Results 2024-2025

Here is a detailed summary of Bervin Investments & Leasing Limited's Q1 results for the fiscal year 2024-2025. For the first quarter ended March 31, 2024, Bervin Investments & Leasing reported the following financial metrics:

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Bervin Investments & Leasing Current Market Overview

Bervin Investments & Leasing is currently trading at ₹43.60 per share, showing a decrease of 4.93% as of August 8. The company's market capitalization is ₹25.7 crore, with a price-to-earnings ratio of 2.98. The stock's highest and lowest prices over the period have been ₹50.40 and ₹28.80, respectively.

The company has a book value of ₹65.80 per share, a return on capital employed of 26.3%, and a return on equity of 30.3%. The stock does not offer a dividend yield, and its face value is ₹10.

Here is the current market overview for Bervin Investments & Leasing:

Quarterly Results

Here is a table showing Bervin Investments & Leasing's quarterly results for the periods ended September 2023, December 2023, and March 2024:

About Bervin Investments & Leasing

Bervin Investments & Leasing is a company that was originally set up to handle leasing and investment activities. Over the years, it has shifted its focus primarily to investment activities. The company is publicly traded and listed on the Bombay Stock Exchange.

It has faced financial challenges recently, including no revenue from operations and fluctuations in its quarterly results. Despite this, Bervin continues to manage its investment portfolio and is working to improve its financial performance.