Emerald Finance Reports Spectacular Profit Surge Amid Rising Income
Emerald Finance Ltd saw its profit more than double, driven by higher interest income and improved margins. The company's net profit reached Rs 2.65 crore in Q4 of FY25, with total income climbing by 66%. For the fiscal year, profits surged to Rs 8.89 crore, supported by strategic growth.
- Country:
- India
Emerald Finance Ltd experienced a significant increase in its net profit, more than doubling its previous figures, thanks to higher interest income and enhanced margins on Friday.
In the March quarter of FY25, the company's net profit stood at Rs 2.65 crore, compared to Rs 1.13 crore in the prior year. The total income rose by an impressive 66% year-over-year, reaching Rs 6.50 crore in the last quarter of FY25.
Sanjay Aggarwal, Managing Director of Emerald Finance Ltd, noted that FY25 was characterized by strong financial performance and strategic progress, culminating in a solid fourth quarter. For the entire fiscal year, profits expanded to Rs 8.89 crore, up from Rs 4.13 crore in FY24, as total income rose by 61% to Rs 21.63 crore.
(With inputs from agencies.)
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