Five-Star Business Finance Ltd. reported a significant year-on-year (YoY) increase in its standalone net profit for the second quarter of FY25.
The company’s net profit rose by 35% to ₹270 crore, up from ₹200 crore in Q2 FY24. This strong growth reflects Five-Star’s continued focus on expanding its lending portfolio and maintaining efficient operations amidst a competitive financial services landscape.
Key Financial Highlights for Q2 FY25
- Branches: Expanded by 204 YoY, totaling 660 branches.
- Loan Disbursement: Achieved ₹1,250.7 crore, up by 4% YoY.
- Loan Portfolio: Reached ₹10,927 crore, marking a 32% increase YoY.
- Gross NPA: Slightly up by 12 basis points YoY to 1.47%.
- 30+ Days Past Due (DPD): Improved by 15 basis points YoY, now at 8.44%.
- Net Interest Margin (NIM): Maintained strong at 16.93%, though down by 75 basis points YoY.
- Return on Assets (ROA): Recorded at 8.36%, with a marginal decrease of 11 basis points YoY.
- Return on Equity (ROE): Improved by 1.94% YoY, standing at 19.02%.
TOPICS:
Five Star Business Finance