PB Fintech second quarter results: profit of 50.67Cr rupees, revenue increased by 43.81% year-on-year

PB Fintech Second Quarter Results Live: PB Fintech announced its second quarter results on November 5, 2024, showing a significant turnaround with profits of $506.7 Crores. This marks a significant recovery compared to the losses reported by the company during the same period last year. $2024 Crores.

The company’s revenue increased significantly by 43.81% year-on-year, and revenue increased by 15.51% month-on-month, showing strong operating performance in a competitive landscape.

However, selling, general and administrative expenses increased by 11.95% month-on-month and 17.07% year-on-year, indicating that operating costs have increased as the company’s business scale expands.

Operating income also showed positive momentum, increasing by 34.98% month-on-month and 66.63% year-on-year, highlighting the company’s ability to improve efficiency and profitability.

Earnings per share (EPS) is $It was 1.09 in the second quarter, a year-on-year increase of 342.22%, further highlighting PB Fintech’s financial recovery and growth trajectory.

Judging from market performance, PB Fintech’s return rate in the past week was -3.69%, but its return rate in the past six months was as high as 32.01%, and its year-to-date return rate was as high as 106.63%, showing strong investor confidence.

Currently, PB Fintech has a market capitalization of $74,487.03 Crore, a 52-week high $1966.5 lowest point $699.45, reflecting the huge volatility and growth potential of its share price.

Analyst sentiment is mixed, with 16 analysts covering the company as of November 6, 2024. The consensus recommendation is a Hold, with 1 rating it as a Strong Sell, 3 rating it a Sell, 6 rating it a Hold, 2 rating it a Buy and 4 rating it a Strong Buy, indicating that the company is a strong buy. Caution. Be optimistic about the company’s future prospects.