{"id":30169,"date":"2024-05-30T11:45:02","date_gmt":"2024-05-30T06:15:02","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/05\/30\/e-factor-experiences-limited-reports-stellar-financial-performance-for-fy-2023-24\/"},"modified":"2024-05-30T11:45:02","modified_gmt":"2024-05-30T06:15:02","slug":"e-factor-experiences-limited-reports-stellar-financial-performance-for-fy-2023-24","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/05\/30\/e-factor-experiences-limited-reports-stellar-financial-performance-for-fy-2023-24\/","title":{"rendered":"E-Factor Experiences Limited Reports Stellar Financial Performance for FY 2023-24"},"content":{"rendered":"<div>\n<p><strong>New Delhi (India), May 30:<\/strong>\u00a0E-Factor Experiences Limited, a premier event management and live experience creation company, has declared its financial results for the financial year 2023-24. These \u00a0being \u00a0first Annual results, \u00a0since the company\u2019s public listing in October 2023, were announced at the board meeting held in the National Capital Region of Delhi.<\/p>\n<p><strong>Impressive Financial Highlights:<\/strong><\/p>\n<ul>\n<li><strong>Turnover:<\/strong>\u00a0The company\u2019s turnover surged from \u20b9113.9 crore in FY 2022-23 to an impressive \u20b9142.1 crore in FY 2023-24, marking a significant growth trajectory.<\/li>\n<li><strong>Profit Before Tax (PBT):<\/strong>\u00a0E-Factor\u2019s PBT soared by over 100%, jumping from \u20b99.27 crore to \u20b920.0 crore, showcasing the company\u2019s robust financial health.<\/li>\n<li><strong>Profit After Tax (PAT):<\/strong>\u00a0The PAT witnessed a staggering increase of nearly 116%, reaching \u20b914.9 crore compared to \u20b96.9 crore in the previous financial year, reflecting exceptional profitability.<\/li>\n<li><strong>Earnings Per Share (EPS):<\/strong>\u00a0The EPS on the expanded equity is now \u20b911.42, up from \u20b97.18 in the previous financial year on the non-diluted equity, demonstrating strong shareholder value.<\/li>\n<\/ul>\n<p><strong>Revenue Breakdown:<\/strong><\/p>\n<ul>\n<li><strong>Cultural, Public Engagement, Tourism and Government Events:<\/strong>\u00a0Contributing almost 80% of the total revenue, this segment remains the cornerstone of E-Factor\u2019s business.<\/li>\n<li><strong>Multimedia Shows and Immersive Experiences:<\/strong>\u00a0This segment accounted for 14% of the revenue, highlighting the company\u2019s diversification and innovative offerings.<\/li>\n<li><strong>High-Profile Social Events:<\/strong>\u00a0Generating about 6% of the revenue, these events underscore E-Factor\u2019s capability in managing exclusive and high-profile engagements.<\/li>\n<\/ul>\n<p><strong>Future Outlook and Dividend Proposal:<\/strong><\/p>\n<p>The board expressed optimism about the company\u2019s prospects for the ongoing financial year 2024-25, forecasting an impressive top-line growth of 40 to 50%. This positive outlook is expected to further solidify E-Factor\u2019s market position and enhance shareholder value.<\/p>\n<p>In light of the robust financial performance, the board has recommended a 10% dividend, which will be distributed upon approval at the Annual General Meeting.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi (India), May 30:\u00a0E-Factor Experiences Limited, a premier event management and live experience creation company, has declared its financial results for the financial year 2023-24. These \u00a0being \u00a0first Annual results, \u00a0since the company\u2019s public listing in October 2023, were announced at the board meeting held in the National Capital Region of Delhi. Impressive Financial&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2024\/05\/30\/e-factor-experiences-limited-reports-stellar-financial-performance-for-fy-2023-24\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;E-Factor Experiences Limited Reports Stellar Financial Performance for FY 2023-24&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":30170,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[638],"tags":[641],"class_list":["post-30169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-finance"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/30169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=30169"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/30169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/30170"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=30169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=30169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=30169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}