Lohia Securities’ Consolidated Net Sales Decline to Rs. 43.22 Crore in March 2023, Down 50.45% YoY
In March 2023, Lohia Securities reported a decrease in their consolidated net sales. The sales amounted to Rs. 43.22 crore, marking a decline of 50.45% compared to March 2022 when it was Rs. 87.23 crore.
The quarterly net profit for March 2023 stood at Rs. 2.89 crore, down by 11.81% from March 2022 when it was Rs. 3.28 crore.
The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 was Rs. 5.38 crore, showing a decrease of 7.08% from March 2022 when it was Rs. 5.79 crore.
The earnings per share (EPS) of Lohia Securities also experienced a decline, dropping to Rs. 6.05 in March 2023 from Rs. 6.86 in March 2022.
On June 2, 2023, Lohia Securities’ shares closed at 209.65 on the Bombay Stock Exchange (BSE). Over the last six months, the shares have provided a return of 21.78%, and over the past 12 months, the return has been 35.96%.
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