Prime Securities Ltd. — Earnings Release 2024

Oct 30, 2023

==> picture [160 x 100] intentionally omitted <==

PRESS RELEASE

UNAUDITED (CONSOLIDATED) FINANCIAL RESULTS QUARTER & HALF YEAR ENDED SEPTEMBER 30, 2023

• A) Total Revenues for the Quarter at ₹ 1,540 lakhs vs ₹ 870 lakhs (Y-O-Y), an increase of about 77%

Total Revenues for the Half Year at ₹ 3,608 lakhs vs ₹ 1,854 lakhs (Y-OY), an increase of about 95%

• B) Profit before Tax for the Quarter at ₹ 458 lakhs vs ₹ 65 lakhs (Y-O-Y) an increase of about 605%

Profit before Tax for the Half Year at ₹ 1,123 lakhs vs ₹ 370 lakhs (Y-OY) an increase of about 204%

• C) Profit after Tax for the Quarter at ₹ 395 lakhs vs ₹ 79 lakhs (Y-O-Y) an increase of about 400%

Profit after Tax for the Half Year at ₹ 898 lakhs vs ₹ 326 lakhs (Y-O-Y) an increase of about 175%

While investors should note that the advisory business does not lend itself to quarterly or annual comparisons, it is equally important to highlight that both the number and size of deals, have been steadily rising. The management remains optimistic on the prospects of the Company over the next few years.

For Prime Securities Limited

Digitally signed by JAYAKUMAR NARAYANSWAMI DN: c=IN, o=Personal, JAYAKUMAR pseudonym=AFD0EFA88D3BB4255BFBE5270351020C, 2.5.4.20=6a1e882d8ce1292650f024ad4db2e035a1446bda6402f82bfce15cbf4f30dfd3, postalCode=400006, st=Maharashtra, NARAYANSWAMI serialNumber=815CEE63EA2095D43F5CBA54FE755B9DF6AA48086D67A8D94798BECBFFCFAB87, cn=JAYAKUMAR NARAYANSWAMI Date: 2023.10.30 18:58:09 +05'30'

N. Jayakumar Managing Director & Group CEO

Mumbai, October 30, 2023

Prime Securities Limited 1109 / 1110, Maker Chambers V, Nariman Point, Mumbai 400021 CIN: L67120MH1982PLC026724 www.primesec.com

==> picture [547 x 34] intentionally omitted <==

Tel : +91-22-6184 2525 Fax : +91-22-2497 0777

p