Results - Announcements
Asit C Mehta Financial Services ltd share price slipped 3% to Rs 113.0 after the company's net profit plunged by 105.57% to Rs 0.27 crore, while revenue from operations gained significantly 70.73% to Rs 19.19 crore in Q3FY26 over Q2FY26.
The market capitalization of Stockbroking & Allied industry group stocks on BSE stood at Rs 3.14 lakh crore, declining 2.55%. It has inched up 6.17% over last one week and ticked higher by 6.73% in last one month while the market capitalization of Asit C Mehta Financial Services ltd has marginally improved by 2.72% and 1.76% in the same period respectively.
Profit before tax (PBT) of Asit C Mehta Financial Services ltd stood at Rs 0.78 crore in Q3 FY26, crashing by 49.35% year-on-year, and plunging by 84.31% quarter-on-quarter. EBITDA came in at Rs 2 crore, retreating 11.59% YoY and nosediving by 256.41% sequentially.
Total expenses saw a steep drop of 937.25% to Rs 17.08 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 3.31 crore, tumbling by 21.19% YoY.
For the TTM ended FY26, revenue from operations declined by 15.71% to Rs 61.23 crore, while net profit witnessed a sharp fall of 42.03% to Rs 1.6 crore, compared to previous TTM. EBITDA saw a sharp decline of 1175% to Rs 1.12 crore, and PBT tanked by 44.53% to Rs 1.52 crore compared to previous TTM.
Asit C Mehta Financial Services ltd nosedived by 13.74% in last one year, underperforming the benchmark BSE Sensex which has softened by 8.41% during the same period.