IDFC First Financial institution posts ₹716 crore PAT for Q3, up 18 per cent YoY

IDFC First Financial institution’s web revenue for Q3 FY24 rose 18 per cent on 12 months to ₹716 crore. Sequentially, the revenue after tax was 4.7 per cent decrease, largely resulting from an increase in working bills and provisions. The lender expects profitability to the touch ₹12,000-13,000 crore by the tip of FY29, with RoA of … Read more

CreditAccess Grameen posts ₹353 crore PAT in Q3

Bengaluru-based NBFC-MFI CreditAccess Grameen posted a web revenue of ₹353.3 crore in Q3 FY24, up 64 per cent on yr, led by robust progress of 42.4 per cent in complete revenue to ₹1,295.2 crore. Additionally learn: Central Financial institution of India’s Q3 FY24 web revenue rises 57% y-o-y to ₹718 crore “Our profitability milestone touched … Read more