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Fusion Microfinance Share Price Target 2025

Fusion Microfinance Share Price Target 2025

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • May 7, 2024,
  • Updated May 7, 2024, 4:58 PM IST

 

Fusion MicroFinance's strong Q4 FY24 performance! With a remarkable 16% year-on-year rise in net profit to Rs 133 crore, driven by business expansion and increased earnings, the lender showcases robust growth. Net interest income soared by 32% to Rs 360 crore, while total income grew by 30% to Rs 675 crore. Operating profit also saw a significant uptick, rising by 31.5% to Rs 291 crore. The company's assets under management expanded by 23.5% to Rs 11,476 crore by March-end, with the addition of 211 branches in FY24, totalling 1,297 nationwide. Watch an Exclusive interview with Devesh Sachdev, MD & CEO, Fusion Micro Finance with Business Today TV's Sakshi Batra.

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