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Poonawalla Fincorp Ltd Q1FY25; 29% rise in Profits

Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited) is a non-deposit taking NBFC registered with RBI. It is engaged in providing consumer and MSME financing, as well as General Insurance services.

Financial Results:

Poonawalla Fincorp Ltd reported Revenues for Q1FY25 of ₹978.00 Crores up from ₹693.00 Crore year on year, a rise of 41.13%.

Total Expenses for Q1FY25 of ₹607.00 Crores up from ₹439.00 Crores year on year, a rise of 38.27%.

Consolidated Net Profit of ₹292.00 Crores up 29.2% from ₹226.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.76, up 27.89% from ₹2.94 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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