Alps Motor Finance Reports Revenue But Deepens Losses in Q4 FY22
The company posted revenue of ₹7.44 crore for the quarter ended March 2022, but its net loss widened to ₹6.34 crore.
Alps Motor Finance reported quarterly revenue of ₹7.44 crore but saw its net loss expand to ₹6.34 crore in Q4 FY22, highlighting a profitability challenge.
Alps Motor Finance Limited has released its financial results for the fourth quarter and full year ended March 2022. The company reported revenue for the quarter, but its bottom line remained under significant pressure, resulting in a deepening net loss.
The latest quarterly figures show a clear divergence between the top and bottom lines. While the company generated revenue of ₹7.44 crore, it posted a net loss of ₹6.34 crore for the period. This indicates that costs and expenses substantially outweighed income, leading to a negative profit margin.
Key Points
- The company maintains a very strong liquidity position, with a current ratio of 7.87.
- Earnings per share (EPS) on a trailing twelve-month basis stands at -₹0.63.
- The dividend yield is currently 0.0%.
With a single quarter of data available in this report, the full-year financial trajectory is not fully clear. The immediate focus for the financing and advisory services firm will be on translating its revenue generation into sustainable profitability in the coming fiscal year.
Live Chart
· ALPS MOTOR FINANCE
(BSE)
ISIN: INE729P01022
Also read
Want this applied to your portfolio?
Talk to a HexaWealth advisor, or sync your mutual fund data for insights tailored to your holdings.