Manba Finance has reported its Q2 results, showing a 16% year-on-year (YoY) decline in net profit, despite a strong 51% YoY revenue growth.
Key Financial Highlights:
- Revenue:
- ₹60.35 crore, up from ₹39.94 crore in Q2 FY24 (YoY)
- ₹60.35 crore, up from ₹45.62 crore in Q1 FY25 (QoQ)
- Net Profit:
- ₹11.64 crore, down from ₹13.88 crore in Q2 FY24 (YoY)
- ₹11.64 crore, up from ₹5.18 crore in Q1 FY25 (QoQ)
Despite the decline in net profit YoY, Manba Finance’s revenue growth signals positive traction, with a substantial rise compared to both QoQ and YoY figures.
