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Five-Star Business Finance Ltd Q2FY24; 38% 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 Q2FY24 of ₹519.00 Crores up from ₹361.00 Crore year on year, a rise of 43.77%.

Total Expenses for Q2FY24 of ₹256.00 Crores up from ₹169.00 Crores year on year, a rise of 51.48%.

Consolidated Net Profit of ₹199.00 Crores up 38.19% from ₹144.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.84, up 38.18% from ₹4.95 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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