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

InternationalJapan confirms season's third bird flu outbreak

TechnologyESTIC2025 marked by India’s big deep-tech leap: Jitendra Singh

HealthJapan confirms season's third bird flu outbreak

HealthESTIC2025 marked by India’s big deep-tech leap: Jitendra Singh

BusinessZoho Notebook introduces advanced AI features for students and businesses

Business Realted Stories

Business"Blight of the Ivory" by Yudhishthir Singh - A New Horror Fiction Book Launched

BusinessAnkura Hospital Doctors in Hyderabad Achieve India's First Landmark Endoscopic Surgery for Spina Bifida

BusinessGJEPC calls for customs overhaul, concessional credit to boost gems, jewellery exports

BusinessCentre to launch third round of PLI scheme for specialty steel

BusinessSIT Future-Tech Summit 2025: A Grand Celebration of Innovation and Industry Collaboration Successfully Concluded at Symbiosis Institute of Technology, Pune