{"id":161972,"date":"2024-06-06T07:59:37","date_gmt":"2024-06-06T11:59:37","guid":{"rendered":"https:\/\/44.250.171.167\/?p=161972"},"modified":"2024-06-06T07:59:38","modified_gmt":"2024-06-06T11:59:38","slug":"creditaccess-grameen-ltd-q4fy24-34-rise-in-profits-2","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/creditaccess-grameen-ltd-q4fy24-34-rise-in-profits-2\/","title":{"rendered":"CreditAccess Grameen Ltd Q4FY24; 34% rise in Profits"},"content":{"rendered":"\n<p>CreditAccess Grameen Limited is registered as a non-deposit accepting NBFC &#8211; Microfinance Institution with the RBI. It is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. It also uses its distribution channel to provide certain other financial products and services to the members.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>CreditAccess Grameen Ltd reported Revenues for Q4FY24 of \u20b91,457.00 Crores up from \u20b91,065.00 Crore year on year, a rise of 36.81%.<\/p>\n\n\n\n<p>Total Expenses for Q4FY24 of \u20b9930.00 Crores up from \u20b9669.00 Crores year on year, a rise of 39.01%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9397.00 Crores up 33.67% from \u20b9297.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b924.91, up 31.24% from \u20b918.98 in the same quarter of the previous year.<\/p>\n\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\/2024\/06\/image-70-839x1024.png\" alt=\"\" class=\"wp-image-161973\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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>CreditAccess Grameen Limited is registered as a non-deposit accepting NBFC &#8211; Microfinance Institution with the RBI. It is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. It also uses its distribution channel to provide certain other financial products and services to the members. Financial Results: [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":161973,"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":[105,392],"tags":[9708],"class_list":["post-161972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-nbfc"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-70.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166783,"url":"https:\/\/alphastreet.com\/india\/creditaccess-grameen-ltd-q3fy25-7-rise-in-revenue\/","url_meta":{"origin":161972,"position":0},"title":"CreditAccess Grameen Ltd Q3FY25; 7% rise in Revenue","author":"Divyansh_Kasana","date":"February 11, 2025","format":false,"excerpt":"CreditAccess Grameen Limited is registered as a non-deposit accepting NBFC - Microfinance Institution with the RBI. It is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. 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