Asirvad Microfinance standalone net profit rises 80.20% in the December 2023 quarter

Asirvad Microfinance standalone net profit rises 80.20% in the December 2023 quarter
businessstandard
Published onbusinessstandard
Publish Date6 February 2024
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Net profit of Asirvad Microfinance rose 80.20% to Rs 127.02 crore in the quarter ended December 2023 as against Rs 70.49 crore during the previous quarter ended December 2022. Sales rose 64.97% to Rs 689.79 crore in the quarter ended December 2023 as against Rs 418.13 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales689.79418.13 65 OPM %59.7260.14 -PBDT182.63112.14 63 PBT170.45103.92 64 NP127.0270.49 80

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