Mufin Green Finance registers 155% rise in revenue

Mufin Green Finance news has reported total revenue from operations at Rs 271.78 crore. This is around a 155 per cent YoY rise against the total operational revenue of Rs 106.60 crore in the corresponding period in the previous fiscal. 

The company's total income in the third quarter of the current financial year stood at Rs 272.17 crore, recording a nearly 155 per cent YoY rise against the total income of Rs 106.87 crore in the third quarter of FY22. 

In Q3 FY24, the company's net profit grew almost 100 per cent as it surged from Rs 22.90 crore to Rs 45.55 crore.

The multibagger NBFC stock also improved on a sequential basis as its total revenue from operations grew from Rs 211.33 crore to Rs 271.78 crore. 

The company's total income in the October to December 2023 quarter grew from Rs 211.36 crore to RS 272.17 crore. The company's net profit grew from Rs 40 crore to Rs 45.55 crore QoQ.