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Fusion Micro Finance Ltd Q1FY24; 60% rise in Profits

Incorporated in 1994, Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of society

Financial Results:

  • Fusion Micro Finance Ltd reported Revenues for Q1FY24 of ₹531.00 Crores up from ₹343.00 Crore year on year, a rise of 54.81%.
  • Total Expenses for Q1FY24 of ₹393.00 Crores up from ₹260.00 Crores year on year, a rise of 51.15%.
  • Consolidated Net Profit of ₹120.00 Crores up 60.0% from ₹75.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹11.97, up 34.34% from ₹8.91 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.

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