https://www.screener.in/results/latest/#:~:text=Can%20Fin%20Homes,₹ 8.69
Dec’22 Sept’22 Dec’21
Sales ⇡40% 710 657 508
Op profit ⇡45% 661 607 454
Net profit ⇡31% 151 142 116
EPS ⇡31% ₹ 11.38 ₹ 10.64 ₹ 8.69
Now, what I don’t understand is how the anchors on CNBC TV18 were calling it a bad result. The management also looked guilty, and mentioned rising cost of funds.
To me these look like excellent results, 45% rise in operating profit should be what the dreams are made of. With the rising housing sector, it should gain. Need inputs from more experienced investors.
Invested a small sum today.
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