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Ujjivan Financial Services Ltd Q3FY24; 6% fall 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 Q3FY24 of ₹1,576.00 Crores up from ₹1,144.00 Crore year on year, a rise of 37.76%.

Total Expenses for Q3FY24 of ₹1,266.00 Crores up from ₹799.00 Crores year on year, a rise of 58.45%.

Consolidated Net Profit of ₹281.00 Crores down 5.7% from ₹298.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.08, down 5.74% from ₹18.12 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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