KLM Axiva Finvest latest news | KLM axiva finvest FY24 Results | Planify
KLM axiva finvest FY24 Results: financial performance showed significant growth, with revenue rising to ₹304 Cr and net profit increasing to ₹23 Cr. The gold loan segment contributed 69.81% of total income and 62.03% of the loan book. Interim dividends of ₹10.83 Cr were also declared, reflecting value for shareholders.
KLM Axiva Finvest latest news, the company has made notable operational progress with regional expansion in Andhra Pradesh, Telangana, and Maharashtra, while maintaining a strong presence in South India. The company inaugurated its new corporate office in Kerala and maintained a Capital to Risk Assets Ratio (CRAR) of 23.62%, exceeding the regulatory minimum. KLM Axiva also raised funds through NCDs and private placements, and is working to address non-compliances identified by the RBI.
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