08 November 2024
Financial Performance: Five Star Business Finance declared its Q2 results, showcasing a robust performance with topline growth of 35.32% (y-o-y) and a profit increase of 34.38%. Compared to the previous quarter, revenue increased 5.39%, while profits rose 6.51%. The company's Selling, General, and administrative expenses reported a rise of 1.65% (q-o-q) and an 18.01% increase (y-o-y), indicating a strategic investment in operational growth amidst rising costs. Operating income also reflected strong performance, with a 5.38% increase q-o-q and an impressive 40.14% growth(y-o-y). This surge showcases the company’s effective management and operational efficiency. Earnings per share (EPS) for Q2 stood at ₹9.62, which is a significant increase of 36.71% compared to the same quarter last year, affirming the company's commitment to delivering value to its shareholders.