|
Vertex Securities Ltd share price declined by 1.01% to Rs 3.92 after the company's net profit rose by 12.50% to Rs 0.45 crore, while revenue from operations slipped slightly by 7.45% to Rs 1.74 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Financial Services industry group stocks on BSE stood at Rs 66301.85 crore, rising 8.31%. It has inched up 0.36% over last one week and ticked higher by 6.59% in last one month while the market capitalization of Vertex Securities Ltd has sharply increased by 31.11% and 18.43% in the same period respectively.
Profit before tax (PBT) of Vertex Securities Ltd stood at Rs 0.4 crore in Q2 FY27, easing 5.26% year-on-year, and remaining flat quarter-on-quarter. EBITDA came in at Rs 0 crore, gaining 2.22% YoY and gaining 9.52% sequentially.
Total expenses marginally dropped 5.17% to Rs 2.2 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 0.81 crore, softening 2.41% YoY.
For FY26, revenue from operations contracted by 17.56% to Rs 6.9 crore, while net profit surged by 238.57% to Rs 2.37 crore, compared to previous FY. EBITDA tumbled by 292% to Rs 4.06 crore, and PBT witnessed a strong rise of 238.57% to Rs 2.37 crore compared to previous FY.
Vertex Securities Ltd jumped 31.99% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 2.37% during the same period.
|