Consolidated Finvest & Holdings Q1 Results PAT of ₹2,296 Lakhs, and Total Comprehensive Income of ₹6,091 Lakhs

Consolidated Finvest & Holdings, a company under the B.C. Jindal Group registered as a Non-Banking Finance Company (NBFC) with the Reserve Bank of India, announced its financial results for the first quarter of the 2024-2025 financial year.

The company's main activities involve investments in shares, bonds, mutual funds, and providing loans. For the quarter ending June 30, 2024, the company reported a total income of ₹1,775 lakhs, which includes interest income, gains from fair value changes, and dividend income.

After accounting for tax expenses, the company also recorded a profit before tax of ₹1,759 lakhs and a net profit of ₹2,296 lakhs. The results were reviewed by the independent auditors, Kanodia Sanyal & Associates, and approved by the Board of Directors on August 13, 2024.

These unaudited financial results highlight the company's steady performance, with a strong profit for the quarter. The Board also noted that the results would be published in newspapers and made available on the company’s website in compliance with regulatory requirements.

The meeting, where these results were discussed, began at 11:30 a.m. and concluded at 12:40 p.m.

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Consolidated Finvest & Holdings Q1 Results 2024 - 2025

Consolidated Finvest & Holdings has released its unaudited financial results for the first quarter ending June 30, 2024. The company reported a strong performance with significant profits during this period. Below is a summary of the key financial figures:

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Consolidated Finvest & Holdings Current Market Value

Consolidated Finvest & Holdings is currently valued at ₹213 per share, reflecting a 3.13% increase. The company has a market capitalization of ₹688 crore, with a price-to-earnings (P/E) ratio of 11.6. Its stock has ranged between a high of ₹347 and a low of ₹125.

The company has a book value of ₹250 per share but currently offers no dividend yield. Its Return on Capital Employed (ROCE) stands at 6.56%, and its Return on Equity (ROE) is 5.99%.

Quarterly Results

Consolidated Finvest & Holdings has shown consistent performance over the past few quarters. Below is a summary of the company's key financial figures for the quarters ending in December 2023, March 2024, and June 2024.

About Consolidated Finvest & Holdings

Consolidated Finvest & Holdings is a Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India and is part of the B.C. Jindal Group. The company's primary business involves making investments in a wide range of financial instruments, including shares, bonds, debentures, mutual funds, and inter-corporate deposits.

It also provides loans as part of its financial activities. With a strong focus on managing investments, the company plays a significant role in the financial markets by leveraging its expertise to generate returns for its stakeholders.