Five Star Business Finance's CEO Rangarajan Krishnan On Key Outcomes Of Q3. Five Star Shares

Tune in to BTTV as Anchor Sakshi Batra interviews Rangarajan Krishnan, CEO of Five Star Business, discussing the company's key highlights from Q3 earnings. Five Star Business Finance reported a significant surge in net profit, jumping 43.55% to Rs 216.76 crore in Q3 FY24 from Rs 151 crore in Q3 FY23. Total income also witnessed a robust growth of 46.64% year-on-year (YoY) to Rs 570.02 crore for the quarter ending December 31, 2023. Additionally, the company's profit before tax increased by 43.86% YoY to Rs 289.91 crore, while net interest income (NII) rose by 36% YoY to Rs 441.3 crore during the same period. Net interest margin (NIM) for Q3 FY24 stood at 16.80%, compared to 18.55% in Q3 FY23.