Manba Finance Limited — Updates, 27-01-2025: Press Release
**Financial Highlights:**
In Q3 FY25, Manba Finance reported a robust revenue increase to ₹68.87 Crore, a 43.26% growth from ₹48.07 Crore in Q3 FY24. EBITDA also surged by 58.28% to ₹43.58 Crore. Profit Before Tax reached ₹16.46 Crore, up 160.81%, while Profit After Tax soared to ₹12.96 Crore, marking a 168.34% increase. Earnings per Share (EPS) improved to ₹2.58 from ₹0.96 in the previous year. For the first nine months of FY25, revenue touched ₹182.48 Crore, showing a 33.82% year-over-year growth.
**Strategic Initiatives and Growth Drivers:**
The company has strengthened its position through a strategic partnership with Piaggio Vehicles to provide tailored financing solutions for three-wheelers, targeting the EV market. A rating upgrade to BBB+ (Positive) from CARE Ratings enhances MFL’s credit stature, supporting future financing plans.
**Business Developments:**
MFL achieved impressive quarterly disbursement levels of ₹326.72 Crore, up from ₹253.10 Crore, with significant growth in Net Interest Income, which reached ₹36.09 Crore.
**Market Position and Competitive Advantage:**
With over 1,118 dealers and a growing network across multiple states, MFL is expanding its market share in new segments, including electric vehicles.
**Investor Implications:**
The strong financial results and strategic partnerships suggest a positive outlook for Manba Finance, positioning it well for continued growth and expansion in the evolving financial market landscape, which could yield substantial returns for investors.
