Religare Enterprises Limited. Q4 results show revenue rise from 1168.61 to 1460.23 crores, a 24.95% increase in growth. EPS also rise from ₹-3.68 to ₹105.91, up by 2,977.99%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Religare Enterprises Ltd. shared its Q4 results on Thursday. They earned 1460.23 crores in revenue this quarter, that’s more than the 1168.61 crores they made last quarter. The company’s growth decreased by 24.95 percent when comparing the two quarters.
In terms of profits, Religare Enterprises PAT (Profit After Tax) for this quarter was 3481.82 crores, up from 117.00 crores in the previous quarter. Their quarter-to-quarter growth inclined by 3,075.89 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹105.91, which is a increase of 2,977.99% from the ₹-3.68 EPS in the previous quarter.
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Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 4863.23 crores this year (2023), which is 44.21 percent higher than last year’s total revenue of 3372.44 crores.
This year’s PAT (Profit After Tax) is 3081.69 crores, which is also 299.61% higher than last year’s PAT of 1543.87 crores.
The EPS (Earnings Per Share) for this year is ₹94.67, which is 284.43% more than the EPS of ₹-51.33 earned last year.
The company earns the most revenue from its Interest Income and Rendering of Services segments, which are its two major revenue sources.
Religare Enterprises Share Dividend Announcement / Record Date:
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About Religare Enterprises:
Headquartered in New Delhi, Religare Enterprises Limited (REL) is a holding company specializing in investment and financial services. The company is registered with the Reserve Bank of India and is listed on both the National Stock Exchange of India and the Bombay Stock Exchange.
Download Full PDF Q4 Results of Religare Enterprises: Click Here
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