Shares of Five Star Business Finance Ltd continued their upward momentum, jumping over 7% in Thursday’s trade and extending their two-day rally to nearly 19%. As of 10:02 AM, the shares were trading 6.22% higher at Rs 642.70.
The surge comes after the non-banking financial company (NBFC) posted healthy growth in its second-quarter earnings, signaling strong operational performance.
For the July–September quarter, the company reported a 6.8% year-on-year rise in net profit to ₹286 crore, compared to ₹268 crore in the same period last year. The improvement was supported by robust loan disbursements and consistent margins.
Net interest income (NII) climbed 15% year-on-year to ₹593 crore, up from ₹516 crore in Q2FY25, reflecting steady demand and efficient credit management. Meanwhile, total income grew to ₹791 crore, showcasing double-digit growth on an annual basis.
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