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India Shelter Finance (BOM:544044) Net Income : ₹3,138 Mil (TTM As of Sep. 2024)


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What is India Shelter Finance Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. India Shelter Finance's Net Income for the three months ended in Sep. 2024 was ₹901 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was ₹3,138 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. India Shelter Finance's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was ₹8.09.


India Shelter Finance Net Income Historical Data

The historical data trend for India Shelter Finance's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

India Shelter Finance Net Income Chart

India Shelter Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net Income
873.89 1,284.47 1,553.42 2,475.98

India Shelter Finance Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 602.20 623.14 779.29 835.30 900.75

India Shelter Finance Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

India Shelter Finance's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3191.827+-715.851+0+0
=2,476

India Shelter Finance's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1171.545+-270.799+0+-1.1368683772162E-13
=901

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,138 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


India Shelter Finance  (BOM:544044) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

India Shelter Finance's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


India Shelter Finance Net Income Related Terms

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India Shelter Finance Business Description

Comparable Companies
Traded in Other Exchanges
Address
3 rd Floor, Upper Ground Floor and Lower Ground Floor, Plot No. 15, Institutional Area, Sector 44, Gurugram, HR, IND, 122002
India Shelter Finance Corporation Ltd is a retail-focused affordable housing finance company. It provides housing loans and loans against properties in India and aims self-employed customers with a focus on first time home loan takers in the low and middle income group in Tier II and Tier III cities in India and has a network of 183 branches spread across 15 states that include Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Gujarat, etc. It has a single business segment which is providing housing loans and loans against properties in India only.

India Shelter Finance Headlines

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