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Magnanimous Trade & Finance Ltd Q1FY24; 380% rise in Revenue

Magnanimous Trade & Finance obtained permission from the Reserve Bank of India for carrying on the business of Non-Banking Financial Institution. The Company is registered as a Non-Deposit Taking Company.

Financial Results:

Magnanimous Trade & Finance Ltd reported Revenues for Q1FY24 of ₹0.24 Crores up from ₹0.05 Crore year on year, a rise of 380.0%.

Total Expenses for Q1FY24 of ₹0.16 Crores up from ₹0.09 Crores year on year, a rise of 77.78%.

Consolidated Net Profit of ₹0.09 Crores from -₹0.01 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.95, from -₹0.11 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: FinanceTrade
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