Moneyboxx Finance announced equity fund raise of Rs 271 crore in its board meeting held on 17 July 2024. The capital raise includes Rs 158 crore through preferential equity issue and Rs 113 crore through equity warrants to both Promoters and Non-Promoters. The fund raise will significantly strengthen the company`s capital position and support its growth plans. Out of the total equity capital raise, Rs 186 crore is to be infused by August 2024, which will more than double the company`s existing capital base to Rs 350 crore. Commenting on the fund raise, Deepak Aggarwal, Co-founder, Moneyboxx Finance Ltd, said, �We are excited about the strong support from our investors, which highlights their confidence in our business model and growth prospects. This fresh capital will enable us to enhance our outreach and impact in rural India, providing vital financial support to micro-entrepreneurs and contributing to their economic empowerment.�Powered by Capital Market - Live News

Moneyboxx Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 August 2024 .Powered by Capital Market - Live News

Moneyboxx Finance will hold a meeting of the Board of Directors of the Company on 17 July 2024.Powered by Capital Market - Live News

Net profit of Moneyboxx Finance rose 880.95% to Rs 4.12 crore in the quarter ended March 2024 as against Rs 0.42 crore during the previous quarter ended March 2023. Sales rose 127.42% to Rs 42.30 crore in the quarter ended March 2024 as against Rs 18.60 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 9.14 crore in the year ended March 2024 as against net loss of Rs 6.80 crore during the previous year ended March 2023. Sales rose 153.30% to Rs 127.69 crore in the year ended March 2024 as against Rs 50.41 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales42.3018.60 127 127.6950.41 153 OPM %44.5642.26 -44.2126.66 - PBDT5.490.83 561 13.91-8.21 LP PBT4.420.31 1326 10.56-9.94 LP NP4.120.42 881 9.14-6.80 LP Powered by Capital Market - Live News

Moneyboxx Finance will hold a meeting of the Board of Directors of the Company on 17 May 2024Powered by Capital Market - Live News