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Baid Finserv Ltd Q1FY24; 131% rise in Profits.

Baid Leasing and Finance Company Ltd is a NBFC focused on Vehicle Financing and Providing Loan against Property.

Financial Results:

Baid Finserv Ltd reported Revenues for Q1FY24 of ₹18.24 Crores up from ₹12.84 Crore year on year, a rise of 42.06%.

Total Expenses for Q1FY24 of ₹10.82 Crores up from ₹10.70 Crores year on year, a rise of 1.12%.

Consolidated Net Profit of ₹5.61 Crores up 130.86% from ₹2.43 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.47, up 135.00% from ₹0.20 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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