This is the first quarterly earnings report after equity capital market listing in September, 2024. The total income of the company rose 18 per cent Y-o-Y to ₹897 crore. The net interest income (NII) increased by 13 per cent to ₹713 crore. The net interest margin (NIM) dropped to 4.1 per cent in the quarter under review from 4.4 per cent. The expenses of the company increased by 10 per cent to ₹184 crore. Provisions of the company dropped by 72 per cent Y-o-Y to ₹5 crore from ₹18 crore in the last year. The cost of funds of the company rose to 7.92 per cent from 7.64 per cent in Q2FY24. According to the presentation, in Q2FY25, disbursements were ₹12,014 crore, which was highest ever, driven by few marquee transactions in commercial business. The asset quality of the company dropped marginally with gross non-performing assets (GNPA) rising marginally to 0.29 per cent in Q2FY25 from 0.28 per cent in Q1FY25. The net NPA rose to 0.12 per cent from 0.11 per cent. The capital adequacy ratio of the NBFC stood at 28.98 per cent as of September 30, 2024 as against 22.64 per cent as of September 30, 2023. The Assets Under Management (AUM) of the company stood at ₹1.03 trillion, 26 per cent higher than ₹70,954 crore, last year.

Bajaj Housing Fin profit up 21% in 1st result since listing

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Magzter Inc. is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 80 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.