Manba Finance Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
29-10-2024 · 01:49 pm
Manba Finance Limited's earnings call highlighted a 54% year-on-year growth in net interest income for Q2 FY '25, totaling INR 33 crores, with a profit after tax of INR 12 crores. The company’s asset under management reached INR 11,068 million, reflecting a 33% growth in loan disbursements. The net non-performing assets decreased to 2.40%. Management expects strong performance in Q3, driven by festive demand, alongside improved capital adequacy due to successful IPO fundraising.
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