Financial Inclusion Network Operations (“FINO”) is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus. It offers such products and services to the target market via a Pan-India distribution network.
Financial Results:
- Fino Payments Bank Ltd reported Revenues for Q1FY24 of ₹33.00 Crores up from ₹19.00 Crore year on year, a rise of 73.68%.
- Total Expenses for Q1FY24 of ₹329.00 Crores up from ₹279.00 Crores year on year, a rise of 17.92%.
- Consolidated Net Profit of ₹19.00 Crores up 90.0% from ₹10.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.25, up 85.95% from ₹1.21 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.