Quarterly Result6 May 2025, 12:35 pm
V B Desai Financial Services Ltd. Reports Q4 and FY2024-25 Results with 164.9% YoY Net Profit Growth
AI Summary
V B Desai Financial Services Ltd. has announced the outcome of their Board Meeting, revealing the approved audited financial results for the quarter and year ended on 31st March 2025. The company's revenue from operations has increased significantly by 103.5% YoY to Rs. 283,060 lakhs, and the net profit stands at Rs. 1,924 lakhs, showing a growth of 164.9% YoY. The Board of Directors and the Audit Committee have reviewed and approved the financial results.
Key Highlights
- Revenue from operations increased by 103.5% YoY to Rs. 283,060 lakhs
- Net profit surged by 164.9% YoY to Rs. 1,924 lakhs
- The financial results were reviewed and approved by the Audit Committee and Board of Directors
- Financial statements prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013
- Figures for the last quarter ended 31st March, 2025, and 31st March, 2024, derived after taking into account the unaudited financial information for the period of nine months ended 31st December, 2024, and 31st December, 2023, respectively