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Ujjivan Financial Services Ltd Q1FY24; 1% rise in Profits

Ujjivan Financial Services was registered with Reserve Bank of India (” the RBI”) as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank.

Financial Results:

Ujjivan Financial Services Ltd reported Revenues for Q1FY24 of ₹1,375.00 Crores up from ₹1,008.00 Crore year on year, a rise of 36.41%.

Total Expenses for Q1FY24 of ₹1,048.00 Crores up from ₹679.00 Crores year on year, a rise of 54.34%.

Consolidated Net Profit of ₹298.00 Crores up 1.02% from ₹295.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹18.07, down 10.68% from ₹20.23 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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