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MAS Financial Services Ltd Q1FY24; 26% rise in Profits

MAS Financial Services Limited is a non-deposit taking NBFC registered with the RBI. It is engaged in offering retail financing products for MSMEs, home loans, two-wheeler loans, used car loans and commercial vehicle loans.

Financial Results:

MAS Financial Services Ltd reported Revenues for Q1FY24 of ₹292.00 Crores up from ₹205.00 Crore year on year, a rise of 42.44%.

Total Expenses for Q1FY24 of ₹216.00 Crores up from ₹143.00 Crores year on year, a rise of 51.05%.

Consolidated Net Profit of ₹58.00 Crores up 26.09% from ₹46.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.41, up 25.12% from ₹8.32 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: Loans
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