Fino Payments Bank posted a profit after tax (PAT) of INR 24.27 Cr in Q1 FY25, up 29.7% YoY
Total revenue jumped 25.4% to INR 436.86 Cr during the quarter under review from INR 348.31 Cr in Q1 FY24
The company’s EBITDA during the June quarter of FY25 stood at INR 53.2 Cr, up 31.4% YoY
Fino Payments Bank posted a profit after tax (PAT) of INR 24.27 Cr for the quarter ended June 30, 2024 (Q1 FY25), up 29.7% from INR 18.7 Cr in the year-ago period.
However, the payments bank’s PAT declined 3.7% quarter-on-quarter (QoQ) in Q1 FY25 from INR 25.21 Cr in Q4 FY25.
Total revenue jumped 25.4% to INR 436.86 Cr during the quarter under review from INR 348.31 Cr in Q1 FY24. On a QoQ basis, total revenue was up 8.8%.
The company’s EBITDA during the quarter under review stood at INR 53.2 Cr, up 31.4% from INR 40.5 Cr in Q1 FY24.
(The story will be updated soon.)
