Net profit of Fedbank Financial Services rose 30.35% to Rs 70.23 crore in the quarter ended June 2024 as against Rs 53.88 crore during the previous quarter ended June 2023. Sales rose 32.08% to Rs 477.31 crore in the quarter ended June 2024 as against Rs 361.39 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales477.31361.39 32 OPM %61.4665.81 - PBDT104.6380.72 30 PBT93.6372.06 30 NP70.2353.88 30 Powered by Capital Market - Live News

Fedbank Financial Services will hold a meeting of the Board of Directors of the Company on 19 July 2024.Powered by Capital Market - Live News

Fedbank Financial Services has allotted 1,93,750 equity shares under ESOS on 24 June 2024. As a result of the allotment, the paid-up share capital of the Company has accordingly increased from Rs.3,70,59,40,800 consisting of 37,05,94,080 equity shares having a face value of Rs. 10/- each to Rs. 3,70,78,78,300 consisting of 37,07,87,830 equity shares having a face value of Rs. 10/- each.Powered by Capital Market - Live News

Fedbank Financial Services has allotted 2,38,812 equity shares under ESOS on 10 May 2024. As a result of the allotment, the paid-up share capital of the Company has accordingly increased from Rs.3,69,38,68,990 consisting of 36,93,86,899 equity shares having a face value of Rs. 10/- each to Rs. 3,69,62,57,110 consisting of 36,96,25,711 equity shares having a face value of Rs. 10/- each.Powered by Capital Market - Live News

Net profit of Fedbank Financial Services rose 73.31% to Rs 67.66 crore in the quarter ended March 2024 as against Rs 39.04 crore during the previous quarter ended March 2023. Sales rose 20.61% to Rs 407.58 crore in the quarter ended March 2024 as against Rs 337.92 crore during the previous quarter ended March 2023.For the full year,net profit rose 35.85% to Rs 244.70 crore in the year ended March 2024 as against Rs 180.13 crore during the previous year ended March 2023. Sales rose 33.80% to Rs 1577.21 crore in the year ended March 2024 as against Rs 1178.79 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales407.58337.92 21 1577.211178.79 34 OPM %62.2063.22 -63.3562.48 - PBDT100.3381.35 23 365.43300.26 22 PBT90.8570.25 29 328.08258.39 27 NP67.6639.04 73 244.70180.13 36 Powered by Capital Market - Live News