Emerald Leasing Consolidated March-23 Net Sales 3.87Cr, up 66.74% YoY

Emerald Leasing Finance & Investment Company has reported its consolidated quarterly numbers for March 2023. The company’s net sales reached Rs. 3.87 crore, showing a significant increase of 66.74% compared to the same period in the previous year, where it was Rs. 2.32 crore.

The quarterly net profit for March 2023 stood at Rs. 1.25 crore, exhibiting a substantial growth of 132.37% compared to Rs. 0.54 crore in March 2022. Additionally, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 amounted to Rs. 2.06 crore, showing an increase of 108.08% compared to Rs. 0.99 crore in March 2022.

The earnings per share (EPS) for Emerald Leasing also saw a rise, reaching Rs. 0.42 in March 2023 compared to Rs. 0.19 in March 2022.

On June 9, 2023, Emerald Leasing shares closed at 23.56 on the BSE (Bombay Stock Exchange). Over the last six months, the company’s shares have experienced a negative return of -15.40%, while over the last 12 months, they have gained 53.99%.

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