'Mas Financial Services conducted a conference call on 09 May 2018 to discuss the financial results for the quarter March 2018. Kamlesh Gandhi, Chairman and Managing Director of the company addressed the call:

Highlights:

• The company has posted strong 30% growth in the asset under management to Rs 4114.5 crore end March 2018, while the company has recorded strong 53% growth in net profit to Rs 103.37 crore in FY2018 supported by funds raised in IPO.
• The disbursements increased 25% to Rs 3891 crore in FY2018 from Rs 3119 crore in FY2017.
• The company expects AUM growth of 25% for FY2019 to reach raise it to Rs 5200-5300 crore including housing finance by end March 2019.
• The company has been able to grow AUM in the range of 25-30% and double profit every three year, while it expects to continue similar performance in future.
• The company has maintained strong asset quality with GNPA ratio at 1.15% and NNPA at 0.91% end March 2...
  
  
  
  Pleaselogin & subscribe to view the full report.
  
  More Reports
  • 

    (05-Feb-2025)

    Castrol India

    Expects EBITDA margin of 22%-25% for CY25
  • 

    (10-Feb-2023)

    Deepak Nitrite

    Plans capex of about Rs 1500 crore for FY23 and FY24
  • 

    (09-Feb-2023)

    Mayur Uniquoters

    Targets revenue of Rs 1000 crore in FY24
  • 

    (31-Jan-2023)

    Tega industries

    Capex plan is US$ 30-32 million for next three years