CreditAccess Grameen has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 81.98% rise in net profit at Rs 296.55 crore for the quarter under review as compared to Rs 162.96 crore for the same quarter in the previous year. Total income of the company increased by 29.33% at Rs 1,066.22 crore for Q4FY23 as compared to Rs 824.42 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 86.37% rise in its net profit at Rs 296.57 crore for fourth quarter ended March 31, 2023 as compared to Rs 159.13 crore for the same quarter in the previous year. Total income of the company increased by 29.32% at Rs 1,066.24 crore for Q4FY23 as compared to Rs 824.48 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported over 2-fold jump in its net profit at Rs 826.03 crore as compared to Rs 353.08 crore for the previous year. Total income of the company increased by 29.12% at Rs 3,550.76 crore for year under review as compared to Rs 2,750.06 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 826.06 crore as compared to Rs 353.07 crore for the previous year. Total income of the company increased by 29.11% at Rs 3,550.79 crore for year under review as compared to Rs 2,750.13 crore for year ended March 31, 2022.
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