Results - Announcements
Crest Ventures Ltd share price remained flat to Rs 356.0 after the company's net profit declined by 18.31% to Rs 9.37 crore, while revenue from operations gained significantly 23.31% to Rs 37.29 crore in Q2FY27 over Q2FY26.
The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 19.7 lakh crore, easing 6.22%. It has edged up by 12.36% over last one week and edged lower by 6.36% in last one month while the market capitalization of Crest Ventures Ltd has softened by 1.18% and 6.90% in the same period respectively.
Profit before tax (PBT) of Crest Ventures Ltd stood at Rs 12.69 crore in Q2 FY27, rallying 127.01% year-on-year, and slipping 9.87% quarter-on-quarter. EBITDA came in at Rs 11 crore, surging by 64.97% YoY and expanding by 15.82% sequentially.
Total expenses witnessed a sharp rise of 21.13% to Rs 26.48 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 9.59 crore, jumping 15.26% YoY.
For FY26, revenue from operations tumbled 22.10% to Rs 159.14 crore, while net profit tumbled by 46.91% to Rs 47.87 crore, compared to previous FY. EBITDA surged by 11626% to Rs 69.62 crore, and PBT tanked by 41.52% to Rs 64.99 crore compared to previous FY.
Crest Ventures Ltd declined 5.72% in last one year, performing in line with the benchmark BSE Sensex which has eased by 4.80% during the same period.