City
Epaper

Emerald Finance Reports 115 per cent Increase in Q1 FY25 Consolidated EBITDA

By ANI | Updated: July 6, 2024 14:30 IST

PNNMumbai (Maharashtra) [India], July 6: Emerald Finance Limited (BSE:EMERALD), is a dynamic company offering a spectrum of banking ...

Open in App

PNN

Mumbai (Maharashtra) [India], July 6: Emerald Finance Limited (BSE:EMERALD), is a dynamic company offering a spectrum of banking products and financial services, announced its Unaudited Financial Results for Q1 FY25.

Comment on Financial Performance Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, "The robust financial performance in Q1 FY25 is a testament to our strategic focus on innovative financial solutions and customer-centric services. We have achieved a remarkable surge in EBITDA, reflecting our efficient operational strategies and cost management initiatives. Robust growth in total income with profit almost doubling is strong indication of optimistic demand for our financial products.

Our new partnerships for the Early Wage Access Program highlight our innovative approach to meeting the financial needs of our customers. Our collaboration with major financial institutions for gold loans further strengthens our market presence and provides a robust platform for future growth. We are committed to sustaining this momentum and exploring new avenues for growth, ensuring long-term value creation."

Recent Highlights of Emerald Finance Limited

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketKolkata win toss, opt to bat against CSK; KKR's Venkatesh Iyer misses out

NationalAnyone spreading fake news will be strictly dealt with: CM Banerjee

NationalSix kids among seven killed in road accident in Punjab’s Samana

Other SportsIPL 2025: Pandey replaces injured Iyer as KKR elect to bat first against CSK, Urvil handed debut

National'Operation Abhyas': Mock drill conducted in B'luru; K'taka minister stresses public awareness

Business Realted Stories

BusinessCulture Circle Fights the Fakes: Becomes India’s First Luxury Marketplace to Offer Dual Authentication with CheckCheck

BusinessCoal India posts 12 pc rise in Q4 net profit at Rs 9,604 cr; declares dividend of Rs 5.15 per share

BusinessAnusaya Fresh, SanLucar and Mr. Iceman Join Hands to Bring the World’s Finest Blueberries to India

BusinessCasio India's "Recycle Responsibly" Drives Impact with 5,400+ KGs E-Waste Collected in Delhi NCR

BusinessAnusaya Fresh, SanLucar and Iceman Join Hands to Bring the World's Finest Blueberries to Every Indian Home