Today, on March 26, 2024, the Board of Directors of R K Swamy Limited convened via Video Conferencing from 10:30 AM (IST) to 12:20 PM (IST). Among the matters discussed, they reviewed and sanctioned the Unaudited Consolidated Financial Results for the quarter and nine months ending December 31, 2023, along with the associated Limited Review Report.
R K Swamy Limited Statement of unaudited consolidated financial results for the quarter ended December 31, 2023
| All Numbers are in Rs Lakhs | Quarter Ended 31.12.2023 | Quarter Ended 30.09.2023 | Quarter Ended 31.12.2022 |
|---|---|---|---|
| Total Income | 7,351.60 | 8,058.31 | 7,725.83 |
| Total Expenses | 6,045.76 | 6,513.94 | 6,559.16 |
| Profit/ (loss) before tax | 762.34 | 1,018.12 | 644.45 |
| Net Profit after tax | 561.71 | 740.88 | 475.89 |
| EPS | 1.26 | 1.67 | 1.07 |
R K Swamy Limited Key Highlights of financial results for the quarter and nine months ended December 31, 2023
- The gross margins, defined as revenue from operations minus operating expenses for the nine months ending December 31, 2023, saw a 15% increase compared to the corresponding period of the previous fiscal year.
- The EBITDA for the nine months ending December 31, 2023, showed a 16% increase compared to the corresponding period of the previous fiscal year.
- Profit After Tax (PAT) for the period nine months ending December 31, 2023, experienced a 27% rise compared to the corresponding period of the previous fiscal year.
In response to the results, Shekar Swamy, Group CEO of R K Swamy Limited, remarked, “We are delighted to present these results to our expanded shareholder base. The recent success of our public share offering, oversubscribed by 26 times, marks the beginning of our journey as a listed company. We eagerly anticipate the next phase of our growth.”