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MAS Financial Services LimitedUpdates, 29-01-2025: Press Release

29-01-2025 | 02:53 pm

MAS Financial Services Limited reported robust financial performance for the quarter ended December 31, 2024. The consolidated Assets under Management (AUM) reached ₹12,378.80 Cr, reflecting a significant year-on-year growth of 21.17%. Profit after Tax (PAT) for the quarter was ₹80.21 Cr, up 24.83% compared to the same quarter last year, showcasing strong fundamentals and healthy business activity across various segments.

The MSME segment contributed significantly to AUM growth, while the company continues to maintain a stable portfolio quality with gross stage 3 assets at 2.48% and net stage 3 assets at 1.62%. The capital adequacy ratio stood at a robust 25.34%. Furthermore, MAS Financial declared an interim dividend of 10%, amounting to ₹1.00 per share. This positive outlook underscores MAS Financial's commitment to growth through strategic risk management and profitability. Investors should watch closely as the company leverages its strong capitalization and longstanding track record for sustained growth.

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