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Five-Star Business Finance Ltd Q1FY24; 32% rise in Profits

Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals across South India.

Financial Results:

  • Five-Star Business Finance Ltd reported Revenues for Q1FY24 of ₹480.00 Crores up from ₹338.00 Crore year on year, a rise of 42.01%.
  • Total Expenses for Q1FY24 of ₹238.00 Crores up from ₹153.00 Crores year on year, a rise of 55.56%.
  • Consolidated Net Profit of ₹184.00 Crores up 32.37% from ₹139.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹6.30, up 31.52% from ₹4.79 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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