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Manba Finance Shares to Trade Ex-Date on February 05: Interim Dividend of ₹0.25

Written by: Sachin GuptaUpdated on: Feb 5, 2025, 11:17 AM IST
Manba Finance decided to pay an interim dividend of ₹0.25 on February 25, 2025, declared on January 27, 2025.
Manba Finance Shares to Trade Ex-Date on February 05: Interim Dividend of ₹0.25
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On February 05, 2025, Manba Finance shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹0.25 interim dividend.

Manba Finance Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Nov 04, 2024 Interim 0.25

Manba Finance Q3FY25 Highlight 

Manba Finance Limited has reported its financial results for Q3 FY25, which show strong growth. Revenue significantly increased to ₹68.87 Crore in Q3 FY25 from ₹48.07 Crore in Q3 FY24, a year-on-year growth of 43.26%. EBITDA for the quarter reached ₹43.58 Crore, reflecting a 58.28% growth compared to the previous year.

Manba Finance Limited (MFL) has achieved several significant milestones, including an upgraded credit rating outlook from CARE Ratings Limited, raising its rating from BBB+ (Stable) to BBB+ (Positive). The company also formed a strategic partnership with Piaggio Vehicles Pvt Ltd, signing an MoU to provide tailored financing solutions for 3-wheelers, aiding India’s transition to electric vehicles and supporting entrepreneurship, especially for women. The company achieved a record disbursement of ₹326.72 crores, surpassing the ₹253.10 crores from the previous quarter, and reported a strong net interest income of ₹36.09 crore.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 5, 2025, 11:17 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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