Nnounced Today The Unaudited Financial Results For Quarter Ended September 30 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ahmedabad (Gujarat) [India], November 3 (ANI/NewsVoir): The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended September 30, 2022. The consistent financial performance during all the past turbulent period is a testimony of the strong fundamentals of the company; which is being followed over two decades. We witnessed healthy growth in business activities across the segment which we serve during the quarter. The same was reflected in disbursement which stood at `2261.81 Crore during the quarter that ended 30th September 2022 as compared to `1476.70 Crore during the corresponding period. Performance Highlights MAS Financial Services Limited reports Assets under Management (AUM) of `7138.11 Crore and profit after tax of '49.07 Crore for the quarter ended 30th September 2022 from `5485.18 Crore and `38.32 Crore respectively for the quarter en ....

Kamlesh Gandhi , Financial Services Limited , Mortgage Finance Limited Subsidiary , Financial Services , Mortgage Finance , Services Limited , Adequacy Ratio , Mortgage Finance Limited , Financial Results , Managing Director , Ahmedabad Gujarat India , Ovember 3 Ani Newsvoir The Board Of Directors Mas Financial Services Limited Bse 540749 , Se Masfin , Pecialized In Msme Financing , Nnounced Today The Unaudited Financial Results For Quarter Ended September 30 , 022 The Consistent Financial Performance During All Past Turbulent Period Isa Testimony Of Strong Fundamentals Company Which Is Being Followed Over Two Decades We Witnessed Healthy Growth In Business Activities Across Segment Serve Quarter Same Was Reflected Disbursement Stood At 2261 81 Crore That Ended 30th September 2022 As Compared To 1476 70 Corresponding Highlights Mas Services Limited Reports Assets Under Management Aum 7138 11 And Profit After Tax 39 49 07 For From 5485 18 38 32 Respectively 2021 On June 6683 92 Crorea 30 13 Per Cent 28 04 Pat Previous Year Capital Adequacy Ratio Including Tier Ii , 022 Stood At 24 14 Per Cent The Tieri Capital 21 Npa And Stage 3 Classification Criteria Followed By Company Was In Compliance With Rbi Circular 2021 22 125 Dor Str Rec 68 04 048 Dated November 12 , 021 The Portfolio Quality Remained Stable And Strong Despite Of Prolonged Ongoing Crisis Followed By Unprecedented Pandemic Situation At 2 26 Per Cent Gross Stage 3 Assets 1 60 Net Aum As Compared To 27 63 On 30th June 2022 Company Continues Carry Buffer Provision Covid September 0 37 Total Book Represents Underlying In Each Category , 022 40 96 Per Cent Of The Total Underlying Assets Is Through Various Nbfcs Note On Mas Rural Housing And Mortgage Finance Limited Subsidiary Board Directors In Their Meeting Held Today Took Record Unaudited Financial Results Company For Quarter Ended 30th September , 022 Performance Highlights Mas Rural Housing And Mortgage Finance Limited Reports Assets Under Management Aum Of 382 46 Crore Profit After Tax 1 68 For The Quarter Ended 30th September 2022 From 300 26 48 Respectively 2021a Growth 27 38 Per Cent In 13 47 Pat Over Corresponding Period Previous Year Capital Adequacy Ratio Including Tier Ii As Stood At 44 Tieri 32 30 Npa Stage 3 Classification Criteria Followed By Company Was Compliance With Rbi Circular 2021 22 125 Dor Str Rec 21 04 048 Dated November 12 , 021 The Portfolio Quality Remained Stable And Strong Despite Of Prolonged Ongoing Crisis Followed By Unprecedented Pandemic Situation At 0 59 Per Cent Gross Stage 3 Assets 42 Net Aum As Compared To 54 38 On 30th June 2022 Company Continues Carry Buffer Provision Covid September 98 Total Book Commenting Performance , Amlesh Gandhi Founder , Chairman Amp Managing Director , As Financial Said , Uot We Have Over Two Amp Half Decade Demonstrated That Quot Consistently And Steadily Is The Fastest Way To Reach Where You Want Our Conviction Grow Ata Consistent Cagr Of 20 25 Per Cent Based On Strong Enablers 39 Namely High Capital Adequacy , Xcellent Asset Quality Accompanied By Strong Liability Management And The Niche Expertise To Serve Huge Msme Market Same Was Very Aptly Demonstrated In Working Of This Quarter Are Confident For Going Forward Consonance With Our Mission Vision Constantly Endeavor Create Value Stakeholders Ona Large Scale Through Efficient Last Mile Delivery Credit ,