Five-Star Business Finance Reports Strong Financial Performance in Q1 FY25

Jul 31 2024 02:33 PM IST
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Five-Star Business Finance, a leading NBFC, has reported a strong financial performance in the quarter ending June 2024. With a 'Buy' call from MarketsMojo, the company's net sales, operating profit, and PAT have reached all-time highs, showcasing its efficient resource utilization and growth strategies.

Five-Star Business Finance, a leading non-banking financial company (NBFC) in the finance industry, has recently announced its financial results for the quarter ending June 2024. The company has received a ‘Buy’ call from MarketsMOJO, indicating a positive outlook for its stock.

According to the financial report, Five-Star Business Finance has shown a very positive performance in the quarter, with a score of 24, up from 26 in the previous quarter. This is a testament to the company’s strong financial management and growth strategies.


One of the key highlights of the quarter is the company’s net sales, which have reached an all-time high of Rs 666.14 crore. This is a significant increase from the previous quarter and shows a consistent growth trend over the last five quarters. The operating profit (PBDIT) has also seen a steady increase, reaching its highest at Rs 497.51 crore. The profit before tax (PBT) less other income has also shown a positive trend, with a growth of 20.7% over the average of the previous four quarters.


The company’s efficiency has also improved, with the operating profit margin reaching its highest at 74.69% in the last five quarters. This indicates that Five-Star Business Finance is utilizing its resources effectively and generating higher profits.


The profit after tax (PAT) has also seen a significant increase, reaching its highest at Rs 251.57 crore. This is a growth of 20.4% over the average of the previous four quarters. The earnings per share (EPS) have also shown a positive trend, reaching its highest at Rs 8.60 in the last five quarters.


Overall, Five-Star Business Finance has shown a strong financial performance in the quarter ending June 2024, with consistent growth in key areas. This is a positive sign for investors and reflects the company’s potential for future success.


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