Prism Finance Q1 Results Profit Surges to ₹454.33 Million with Revenue Reaching ₹775.85 Million

Prism Finance Q1 Results 2024-2025: Prism Finance announced their Q1 results for the fiscal year 2024-2025 on September 10, 2024. The company reported a significant year-over-year (YoY) increase in total revenue, reaching ₹775.85 million, up from ₹23.67 million in the previous quarter.

This impressive growth of over 3,200% YoY highlights a robust performance in their financial services segment. Despite this, the company's profit before tax was ₹613.73 million, showcasing a stark contrast to the loss of ₹83.32 million reported in the last quarter, reflecting a notable quarter-over-quarter (QoQ) improvement.

The YoY profitability saw a dramatic turnaround, with Prism Finance's profit for the period soaring to ₹454.33 million from a loss of ₹273.70 million in the corresponding quarter last year.

This represents a remarkable improvement in financial stability and operational efficiency. Additionally, the company’s Earnings Per Share (EPS) surged to ₹6.99, compared to a negative ₹4.21 EPS YoY. Overall, Prism Finance’s Q1 results indicate a strong recovery and growth trajectory, marking a significant shift from the previous year’s performance.

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Prism Finance Q1 Results 2024-2025

Here is a summary of Prism Finance's Q1 results for the fiscal year 2024-2025:

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Prism Finance Current Market Overview

Prism Finance's stock is trading at ₹27.2, having fallen by 4.92% recently. The company, listed on the BSE with the ticker 531735, has a market cap of ₹17.7 crore. The stock has fluctuated between a high of ₹43.8 and a low of ₹21.9.

With a low price-to-earnings ratio of 2.39 and a book value of ₹35.6 per share, the stock does not currently offer a dividend yield. However, Prism Finance boasts a strong return on capital employed (ROCE) of 36.0% and a return on equity (ROE) of 25.1%, indicating solid financial performance.

Quarterly Results

The following table provides a summary of Prism Finance's financial performance for the quarters ending December 2023, March 2024, and June 2024.

About Prism Finance

Prism Finance is a financial services company based in India, which was incorporated in 1994. The company offers a range of financial products and services, including loans, advances, bill discounting, leasing, and investments in shares and securities.

Prism Finance operates as a Non-Banking Financial Company (NBFC) and is registered with the Reserve Bank of India. Its primary focus is to assist individuals and businesses with their financing needs and investment opportunities. Over the years, Prism Finance has built a reputation for providing comprehensive financial solutions and maintaining a strong presence in the financial sector.

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