Ahmedabad: The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th September 2024.
118 Quarters of Consistent Financial Performance is the testimony of the strong fundamentals of the company, which has been followed over more than two and half decades. We witnessed a healthy growth in business activities across the segments we serve, during the quarter. The consolidated disbursement was Rs. 3082.53 Crores during the quarter ended 30th September 2024.
MAS Financial Services Limited on a consolidated basis reports Assets under Management (AUM) of Rs. 11681.18 Crores and Profit after Tax (PAT) of Rs. 77.62 Crores for the quarter ended 30th September 2024 from Rs. 9547.07 Crores and Rs. 61.94 Crores respectively for the quarter ended 30th September 2023.
– A Growth of 22.35 % in AUM and 25.31 % in PAT over the corresponding period of the previous year.
Commenting on the performance, Mr. Kamlesh Gandhi – Founder, Chairman & Managing Director, MAS Financial said,
“We remain focused and committed to our basics of extending credit where it is due while demonstrating over all robust performance. We are confident to maintain a fundamentally strong and consistent growth. Adequate capitalization, strong asset quality and a track record of more than 25 years to navigate across various cycles will ensure the same thus creating value on a large scale for all its stakeholders.
Team MAS remains committed to its mission of excellence through endeavors.”
