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.