{"id":150919,"date":"2023-08-02T10:30:08","date_gmt":"2023-08-02T14:30:08","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150919"},"modified":"2023-08-02T10:30:10","modified_gmt":"2023-08-02T14:30:10","slug":"fusion-micro-finance-ltd-q1fy24-60-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/fusion-micro-finance-ltd-q1fy24-60-rise-in-profits\/","title":{"rendered":"Fusion Micro Finance Ltd Q1FY24; 60% rise in Profits"},"content":{"rendered":"<p>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<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>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%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9393.00 Crores up from \u20b9260.00 Crores year on year, a rise of 51.15%.<\/li>\n<li>Consolidated Net Profit of \u20b9120.00 Crores up 60.0% from \u20b975.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b911.97, up 34.34% from \u20b98.91 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85-839x1024.png\" alt=\"\" class=\"wp-image-150920\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-85.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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. <br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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%. Total Expenses for Q1FY24 of [&hellip;]<\/p>\n","protected":false},"author":1917,"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":[5],"tags":[],"class_list":["post-150919","post","type-post","status-publish","format-standard","hentry","category-latest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":149710,"url":"https:\/\/alphastreet.com\/india\/spandana-sphoorty-financial-ltd-q1fy24-105-rise-in-revenue\/","url_meta":{"origin":150919,"position":0},"title":"Spandana Sphoorty Financial Ltd Q1FY24; 105% rise in Revenue","author":"Chirag Gupta","date":"July 24, 2023","format":false,"excerpt":"Spandana Sphoorty Financial is primarily engaged in the business of micro finance providing small value unsecured loans to low-income customers in semi-urban and rural areas. Financial Results: Spandana Sphoorty Financial Ltd reported Revenues for Q1FY24 of \u20b9512.00 Crores up from \u20b9250.00 Crore year on year, a rise of 104.8%. 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Financial Results: Spandana Sphoorty Financial Ltd reported Revenues for Q1FY24 of \u20b9487.00 Crores up from \u20b9232.00 Crore year on year, a rise of 109.91%. 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