Prudent Corporate Advisory Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 26, 2023 at 08:16 am EDT
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Prudent Corporate Advisory Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 1,940.89 million compared to INR 1,488.01 million a year ago. Net income was INR 304.2 million compared to INR 275.99 million a year ago. Basic earnings per share from continuing operations was INR 7.35 compared to INR 6.67 a year ago. Diluted earnings per share from continuing operations was INR 7.35 compared to INR 6.67 a year ago.
For the six months, revenue was INR 3,643.73 million compared to INR 2,774.53 million a year ago. Net income was INR 584.8 million compared to INR 469.71 million a year ago. Basic earnings per share from continuing operations was INR 14.12 compared to INR 11.34 a year ago. Diluted earnings per share from continuing operations was INR 14.12 compared to INR 11.34 a year ago.
Prudent Corporate Advisory Services Limited is a diversified financial services company. The Company offers a technology-enabled, comprehensive investment and financial services platform with end-to-end solutions critical for financial products distribution and presence across both online and offline channels. It is mainly engaged in the business of advisory and distribution of various mutual funds. It also acts as an agent/broker for real estate and distribution of other financial products, such as insurance, bonds, deposits, debentures, loan against securities, portfolio management service (PMS) products, unlisted shares, alternate investment funds (AIFs), National Pension System (NPS), structure products, Liquiloan and others. It offers digital wealth management (DWM) solutions through platforms, namely, FundzBazar, PrudentConnect, Policyworld and CreditBasket. Its subsidiaries include Prutech Financial Services Private Limited, Prudent Broking Service Private Limited and others.
PRUDENT CORPORATE ADVISORY SERVICES LIMITED 
