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Poonawalla Fincorp Ltd Q4FY24; 67% 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 Q4FY24 of ₹915.00 Crores up from ₹577.00 Crore year on year, a rise of 58.58%.

Total Expenses for Q4FY24 of ₹536.00 Crores up from ₹344.00 Crores year on year, a rise of 55.81%.

Consolidated Net Profit of ₹332.00 Crores up 66.83% from ₹199.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.28, up 65.89% from ₹2.58 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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