Multibagger stock which is part of the Aditya Group engaged in offering equity and derivatives broking services and many more jumped 17 percent in the day’s trade following strong Q3FY24 Results.
The shares of Aditya Birla Money Limited closed at Rs. 140.40, up 11.25 percent from its previous day’s close price of Rs. 126.20 and its market capitalization is Rs. 790 Crores. It has delivered multibagger returns of 126 percent in a year
Aditya Birla Money Limited has announced its quarter ended December Q3FY24 Results and it is as follows
Its revenue from operations grew by 76 percent YoY from Rs. 25.97 Crores in Q3FY23 to Rs. 45.81 Crores in Q3FY24 and QoQ it grew 20 percent from Rs. 38.15 Crores in Q2FY24 to Rs. 45.81 Crores in Q3FY24.
Its Net Profit grew by 73.16 percent YoY from Rs. 8.72 Crores in Q3FY23 to Rs. 15.14 Crores in Q3FY24 and QoQ it grew by 27 percent from Rs. 11.92 Crores in Q2FY24 to Rs. 15.14 Crores in Q3FY24.
Aditya Birla Money Limited is engaged in offering equity and derivatives broking services as well as Portfolio Management Services. It is also a subsidiary of Aditya Birla Capital Limited.
Its revenue from operations grew 14.59 percent from Rs. 233 Crores in FY22 to Rs. 267 Crores in FY23, accompanied by increasing profits of Rs. 26 Crores to Rs. 34 Crores.
Written by: Bharath K.S
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