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Equitas Holdings Q1 profit down 25% at Rs 52.5 cr, income up at Rs 761 cr

Total income of the company, however, rose to Rs 787.09 crore during the quarter under review from Rs 662.52 crore in the same period of 2019, it said in a BSE filing

Equitas Holdings
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The board has declared an interim dividend of Re 1 per equity share of Rs 10 each for the financial year 2020-21, at its meeting held on August 10, 2020.

Press Trust of India New Delhi
Equitas Holdings Ltd on Monday reported a 25.3 per cent decline in its consolidated net profit to Rs 52.48 crore in first quarter ended June of this fiscal. Its net profit was Rs 70.27 crore in the same quarter a year ago.

Total income of the company, however, rose to Rs 787.09 crore during the quarter under review from Rs 662.52 crore in the same period of 2019, it said in a BSE filing.

Sequentially, its income fell from Rs 802.86 crore in the March 2020 quarter.

Interest income during the April-June 2020 quarter rose to Rs 761 crore from