{"id":149370,"date":"2023-07-19T04:38:29","date_gmt":"2023-07-19T08:38:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149370"},"modified":"2023-07-19T04:38:30","modified_gmt":"2023-07-19T08:38:30","slug":"magnanimous-trade-380-rise-in-revenue","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/magnanimous-trade-380-rise-in-revenue\/","title":{"rendered":"Magnanimous Trade &#038; Finance Ltd Q1FY24; 380% rise in Revenue"},"content":{"rendered":"\n<p>Magnanimous Trade &amp; Finance obtained permission from the Reserve Bank of India for carrying on the business of Non-Banking Financial Institution. The Company is registered as a Non-Deposit Taking Company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Magnanimous Trade &amp; Finance Ltd reported Revenues for Q1FY24 of \u20b90.24 Crores up from \u20b90.05 Crore year on year, a rise of 380.0%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b90.16 Crores up from \u20b90.09 Crores year on year, a rise of 77.78%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b90.09 Crores from -\u20b90.01 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.95, from -\u20b90.11 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67-839x1024.png\" alt=\"\" class=\"wp-image-149371\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-67.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magnanimous Trade &amp; Finance obtained permission from the Reserve Bank of India for carrying on the business of Non-Banking Financial Institution. The Company is registered as a Non-Deposit Taking Company. Financial Results: Magnanimous Trade &amp; Finance Ltd reported Revenues for Q1FY24 of \u20b90.24 Crores up from \u20b90.05 Crore year on year, a rise of 380.0%. [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,1],"tags":[8265,12286],"class_list":["post-149370","post","type-post","status-publish","format-standard","hentry","category-infographics","category-finance-stocks","tag-finance","tag-trade"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":154348,"url":"https:\/\/alphastreet.com\/india\/mufin-green-finance-ltd-q1fy24-200-rise-in-profits\/","url_meta":{"origin":149370,"position":0},"title":"Mufin Green Finance Ltd Q1FY24; 200% rise in Profits","author":"Karan_Singh","date":"August 18, 2023","format":false,"excerpt":"APM Finvest Limited was incorporated in May 2016, a Non-Banking Financial Company Non-Deposit Taking (NBFC-ND) registered with Reserve Bank of India and is carrying on the business of Investment into shares, stocks, securities, and providing loans of all kinds. Financial Results: Mufin Green Finance Ltd reported Revenues for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1214.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153025,"url":"https:\/\/alphastreet.com\/india\/indian-railway-finance-corporation-ltd-q1fy24-6-fall-in-profits\/","url_meta":{"origin":149370,"position":1},"title":"Indian Railway Finance Corporation Ltd Q1FY24; 6% fall in Profits","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"Incorporated in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition \/ creation of assets which are then leased out to the Indian Railways as finance lease Financial Results: Indian Railway Finance Corporation Ltd reported Revenues for Q1FY24 of \u20b96,679.00 Crores up from \u20b95,627.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-783.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153396,"url":"https:\/\/alphastreet.com\/india\/power-finance-corporation-ltd-q1fy24-31-rise-in-profits\/","url_meta":{"origin":149370,"position":2},"title":"Power Finance Corporation Ltd Q1FY24; 31% rise in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Power Finance Corporation Limited is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector. Financial Results: Power Finance Corporation Ltd reported Revenues for Q1FY24 of \u20b920,992.00 Crores up from \u20b918,532.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-904.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153194,"url":"https:\/\/alphastreet.com\/india\/ifci-ltd-q1fy24-3-rise-in-revenue\/","url_meta":{"origin":149370,"position":3},"title":"IFCI Ltd Q1FY24; 3% rise in Revenue","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. Financial Results: IFCI Ltd reported Revenues for Q1FY24 of \u20b9320.00 Crores up from \u20b9311.00 Crore year on year, a rise\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-835.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150919,"url":"https:\/\/alphastreet.com\/india\/fusion-micro-finance-ltd-q1fy24-60-rise-in-profits\/","url_meta":{"origin":149370,"position":4},"title":"Fusion Micro Finance Ltd Q1FY24; 60% rise in Profits","author":"Hardik Bhandare","date":"August 2, 2023","format":false,"excerpt":"Incorporated in 1994, Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of society Financial Results: Fusion Micro Finance Ltd reported Revenues for Q1FY24 of \u20b9531.00 Crores up from \u20b9343.00 Crore year on year, a rise of 54.81%.\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153446,"url":"https:\/\/alphastreet.com\/india\/muthoot-finance-ltd-q1fy24-22-rise-in-profits\/","url_meta":{"origin":149370,"position":5},"title":"Muthoot Finance Ltd Q1FY24; 22% rise in Profits","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India Financial Results: Muthoot Finance Ltd reported Revenues for Q1FY24 of \u20b92,999.00 Crores up from \u20b92,504.00 Crore year on year, a rise of 19.77%. Total Expenses for Q1FY24 of \u20b91,712.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-920.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149370"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149370\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}