Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Mas Financial Services Ltd.

Finance company Mas Financial Services announced FY24 & Q4FY24 results: Financial Highlights: Consolidated Results: Consolidated Assets under Management (AUM): Rs 10,721.90 crore (26.05% growth YoY). Consolidated Profit after Tax (PAT): Rs 70.10 crore for Q4 FY24; FY 2023-24 PAT stands at Rs 254.01 crore (23.37% growth YoY). Standalone Results: Standalone Assets under Management (AUM): Rs 10,125.61 crore (25.12% growth YoY). Standalone Profit after Tax (PAT): Rs 68.05 crore for Q4 FY24 (22.50% growth YoY). Financial Ratios Capital Adequacy Ratio (including Tier II capital): 24.05% as of March 31, 2024. Tier-I capital: 20.33%. Portfolio Quality Gross Stage 3 assets (Q4 FY24): 2.25% of AUM. Net Stage 3 assets (Q4 FY24): 1.51% of AUM. Management Overlay Management overlay as of March 31, 2024: Rs 18.79 crore (0.24% of on-book assets). Category-wise AUM Breakdown Micro-Enterprise Loans: Rs 4,385.11 crore (13.19% growth YoY). SME Loans: Rs 3,733.86 crore (25.02% growth YoY). Two-Wheeler Loans: Rs 670.12 crore (20.88% growth YoY). Commercial Vehicle Loans: Rs 747.66 crore (100.72% growth YoY). Salaried Personal Loans: Rs 588.86 crore (93.13% growth YoY). Kamlesh Gandhi Founder, Chairman & Managing Director said, "As we usher into the next phase, post reaching an important milestone of 10,000 crore in AUM, we are confident to maintain a fundamentally strong growth momentum. Adequate capitalization, strong asset quality, and a track record of more than 25 years to navigate across various cycles will ensure the same, thus creating value on a large scale for all its stakeholders. Team MAS remains committed to its mission of excellence through endeavors." Result PDF
24-04-2024
Bigul

MAS Financial Services Ltd - 540749 - Results-Financial Results For March 31, 2024

Results-Financial Results for March 31, 2024.
24-04-2024
Bigul

MAS Financial Services Ltd - 540749 - Compliance Certificate For The Period Ended March 31, 2024

Compliance certificate for the period ended March 31, 2024.
23-04-2024
Next Page
Close

Let's Open Free Demat Account