Results - Announcements
Amit Securities Ltd share price softened by 4.80% to Rs 35.7. The Company's net profit jumped 100% to Rs 0.02 crore, while revenue from operations gained significantly 176.92% to Rs 0.72 crore in Q2FY27 over Q2FY26.
The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 19.65 lakh crore, easing 6.03%. It has inched up 1.88% over last one week and eased lower by 3.62% in last one month while the market capitalization of Amit Securities Ltd has eased by 0.28% and 22.22% in the same period respectively.
Profit before tax (PBT) of Amit Securities Ltd stood at Rs 0.03 crore in Q2 FY27, remaining flat year-on-year, and expanding by 200.00% quarter-on-quarter. EBITDA came in at Rs 0 crore, remaining flat YoY and tanking 50.00% sequentially.
Total expenses jumped by 173.08% to Rs 0.71 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.0 crore, remaining flat YoY.
For FY26, revenue from operations improved 13.30% to Rs 2.64 crore, while net profit tumbled by 38.89% to Rs 0.11 crore, compared to previous FY. EBITDA saw a sharp decline of 121% to Rs 0.03 crore, and PBT collapsed by 40% to Rs 0.15 crore compared to previous FY.
Amit Securities Ltd nosedived by 40.02% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.03% during the same period.