Share India Securities Limited — Updates, 28-01-2025: Press Release
Total revenue from operations for the quarter and nine months was ₹ 1,209 Crores, an 18.84% increase year-on-year for the nine months period, although Q3 saw an 8.44% decline compared to the previous year. Profit after tax for the nine months stood at ₹ 309 Crores, while Q3 PAT dropped by 28.58% to ₹ 82.1 Crores. The company declared a third interim dividend of ₹ 0.20 per share.
The broking business showed robust growth, servicing 45,722 clients, a 39% year-on-year increase, with an average daily turnover of ₹ 8,200 Crores. The loan book for the NBFC segment reached ₹ 253 Crores. Share India made a strategic investment of ₹ 59.50 Crores in the Metropolitan Stock Exchange, aiming to enhance its market presence. The firm is also expanding into Portfolio Management Services to diversify its revenue streams.
Overall, while certain revenue streams feel pressure from recent regulatory changes, the strategic moves position the company well for future growth, underscoring a positive outlook for stakeholders.
