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.
Ex-Date | Dividend Type | Dividend Amount (₹) |
Nov 04, 2024 | Interim | 0.25 |
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.
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Published on: Feb 5, 2025, 11:17 AM IST
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