Results - Announcements
Crest Ventures Ltd share price headed higher 5.08% to Rs 374.1 after the company's net profit dropped 18.31% to Rs 9.37 crore, while revenue from operations increased sharply by 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, rising 6.23%. It has increased 13.23% over last one week and edged lower by 5.64% in last one month while the market capitalization of Crest Ventures Ltd has inched up 3.85% and 2.17% in the same period respectively.
Profit before tax (PBT) of Crest Ventures Ltd stood at Rs 12.69 crore in Q2 FY27, jumping 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 rallying 15.82% sequentially.
Total expenses surged 21.13% to Rs 26.48 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 9.59 crore, surging 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 collapsed by 41.52% to Rs 64.99 crore compared to previous FY.
Crest Ventures Ltd softened by 0.93% in last one year, outperforming the benchmark BSE Sensex which has softened by 2.74% during the same period.