X

MAS Financial Services Ltd Q2FY24; 22% 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 Q2FY24 of ₹310.00 Crores up from ₹241.00 Crore year on year, a rise of 28.63%.
  • Total Expenses for Q2FY24 of ₹231.00 Crores up from ₹173.00 Crores year on year, a rise of 33.53%.
  • Consolidated Net Profit of ₹62.00 Crores up 21.57% from ₹51.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹11.19, up 21.90% from ₹9.18 in the same quarter of the previous year.
Tags: Finance
Related Post