Ujjivan Financial suffered a loss of 68 crores in the second quarter, know how the stock was moving?

The consolidated net loss of Ujjivan Financial Services declined to Rs 68.18 crore in the July-September quarter of the current financial year. The company told in the information given to the stock market on Saturday that its net loss in the same quarter of the previous financial year was Rs 89.76 crore.

The company’s share stood at Rs 166.40
Talking about the share price of the company, the price of this stock on NSE was trading at a level of Rs 166.40. If we talk about the record of 52 weeks, then it was Rs 310.95 and the low of 52 weeks was Rs 126.05. On Friday, the company’s stock opened at a level of Rs 167.90.

loss is less
Let us tell you that in comparison to the previous quarter, its loss has decreased. The company’s net loss in the April-June, 2021 quarter was Rs 99.33 crore. The company’s total income declined to Rs 731.90 crore in the quarter under review as against Rs 828.47 crore in the same quarter.

What was the quarterly profit
In the second quarter of the current financial year, the company’s expenses stood at Rs 822.73 crore. It was Rs 704.95 crore in the same quarter a year ago.

Company official resigns
Ujjivan Financial Services said in a statement that the company’s Chief Financial Officer Varun Kumar Agarwal has resigned from the company to take up the role of a senior position in the finance department of the bank.

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