By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Reading: Emerald Finance Reports 20 per cent Surge in FY24 PAT – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Emerald Finance Reports 20 per cent Surge in FY24 PAT – World News Network
Business

Emerald Finance Reports 20 per cent Surge in FY24 PAT – World News Network

worldnewsnetwork
Last updated: May 27, 2024 12:00 am
worldnewsnetwork 12 months ago
Share
SHARE

PNN
Mumbai (Maharashtra) [India], May 27: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offer a spectrum of banking products and financial services, announced its Audited Financial Results for Q4 FY24.
Key Financial Highlights
Key Consolidated Financial Highlights FY24
* Total Income of Rs 13.36 Cr, YoY growth of 15.64 %
* PBT of Rs 5.85 Cr, YoY growth of 20.06 %
* PAT of Rs 4.14 Cr, YoY growth of 19.84 %
* PAT Margin of 30.97 %, YoY growth of 109 Bps
* EPS of Rs 1.37, YoY growth of 19.91 %
Key Standalone Financial Highlights FY24
* Total Income of Rs 7.42 Cr, YoY growth of 37.31 %
* PBT of Rs 4.06 Cr, YoY growth of 45.20 %
* PAT of Rs 3.01 Cr, YoY growth of 44.84 %
* PAT Margin of 40.49 %, YoY growth of 210 Bps
* EPS of Rs 1.00, YoY growth of 44.53%
Comment on Financial Performance Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are delighted with our financial performance in Q4 & FY24, which reflects the consistent growth and resilience of our core business areas. Our total income and EBITDA have shown commendable year-on-year growth, underscoring our robust financial health and profitability.
We are also excited about our recent strategic initiatives. The grant of ESOPS is a testament to our commitment to aligning employee interests with long-term corporate goals, fostering a culture of ownership and dedication.
Our new partnerships and initiatives to launch an Early-Wage-Access Program demonstrate our ongoing efforts to support our workforce and contribute positively to the community. We are one of the very first companies in India to have a tech platform for the EWA program.
Looking ahead, we remain committed to leveraging our strengths, exploring new opportunities, and delivering sustained growth and value. Our focus will continue to be on innovation, customer-centric solutions, and enhancing operational efficiencies to drive long-term success.”

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

ICAI asks over 14 lakh members to stand in solidarity with armed forces and nation – World News Network

Tamil Nadu Cyber Crime Wing warns of rising cyberattack threat amid India-Pakistan tensions – World News Network

Life insurance ownership at an all-time high of 78% – Axis Max Life India Protection Quotient 7.0 – World News Network

Renowned NEET Counselling Expert Anubhav Garg Felicitates Dr. B Srinivas with the Prestigious Dr. B. C. Roy Memorial Award at UDFCON-2025 – World News Network

Life insurance ownership at an all-time high of 78% – Axis Max Life India Protection Quotient 7.0 – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Bollywood glitters as KKR clinches IPL victory against SRH: SRK, Gauri Khan, and celebrities add sparkle to finals – World News Network
Next Article Ryan Reynolds remembers late actor John Candy, says, “miss the living hell out of him” – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

PIB fact-checking unit debunks claims of social media accounts reporting damage to Bathinda airfield by Pakistani attacks – World News Network
National 23 hours ago
Chhattisgarh Deputy CM Vijay Sharma affirms structured action against illegal migrants in state – World News Network
National 23 hours ago
PM Modi chairs high-level meeting with Defence Minister Rajnath Singh, CDS and armed forces chiefs – World News Network
National 23 hours ago
Delhi: 75 students from affected states reach Kerala House amid India-Pakistan tensions – World News Network
National 23 hours ago

Sports

PCB postpones multiple domestic tournaments due to security conditions in the country – World News Network
Sports
Disappointing rough start for Veer Ahlawat – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

Charlize Theron believes Uma Thurman deserved Oscar for her performance in Kill Bill movies – World News Network
Entertainment
Miss World 2025: Welcome board set, ticket counters in place, security tightened for inaugural evening in Hyderabad – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?