Arohan Financial Services Unlisted Shares
Arohan Financial Services Reports Record Profit Surge in Q1 2024-25
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2 min read
Arohan Financial Services Reports Fourfold Profit Increase in Q1 FY 2024-25.
Expert Analysis:
Net Profit Surge: Arohan Financial Services achieved its net profit, reaching Rs 104.08 crore for Q1 FY 2024-25.
Drivers of Profit Growth: The increase from Rs 25.40 crore in the same quarter of the PY is attributed to steady growth in business operations and earnings.
Income and Asset Growth: Total income surged 36% to Rs 469 crore, up from Rs 345 crore last year, while assets under management grew to Rs 7,062 crore by the end of June, compared to Rs 5,564 crore a year earlier.
Operational Efficiency:
MD Manoj Nambiar attributed the profit increase to a quality-first approach and zero net NPAs.
The company's strategic expansion into South India and its network of 975 branches serving 2.4 million customers across the country.
Arohan's fourfold profit rise reflects strong growth, zero NPAs, and successful expansion.
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