Mas Financial Services announced Q3FY23 results: Q3FY23: Mas Financial Services Limited reports Assets under Management (AUM) of Rs 7,606.04 crore and profit after tax of Rs 51.25 crore for the quarter ended December 31, 2022, from Rs 5,742.08 crore and Rs 40.10 crore respectively for the quarter ended December 31, 2021. The AUM as on September 30, 2022, was Rs 7,138.11 crore. A Growth of 32.6% in AUM and 27.80% in PAT over the corresponding period of the previous year. Capital Adequacy Ratio (including Tier I capital) as of December 31, 2022, stood at 24.47%. The Tier-I capital stood at 21.21%. Mas Rural Housing and Mortgage Finance Limited report Assets under Management (AUM) of Rs 400.84 Crore and profit after tax of Rs 1.59 Crore for the quarter ended December 31, 2022, from Rs 306.92 Crore and Rs 1.04 Crore respectively for the quarter ended December 31, 2021. Dividend: In consonance to our policy of rewarding the shareholders the board has declared an interim dividend of 18.00 % @ Rs 1.80 per share. Commenting on the performance, Mr. Kamlesh Gandhi - Founder, Chairman & Managing Director, Mas Financial said, "We have over two & half decades demonstrated that "CONSISTENTLY AND STEADILY lS THE FASTEST WAY TO REACH WHERE YOU WANT TO". ln consonance with our mission and vision to constantly endeavour to create value for stakeholders on a very large scale through efficient last-mile delivery of credit, the main focus of the company continues to remain on maintaining a strong capital base, adequate liquidity and quality of assets." The working of this quarter very aptly demonstrated our conviction to grow at a consistent CAGR of 20-25% based on the strong enablers' namely high capital adequacy, excellent asset quality accompanied by strong liability management and the niche expertise to serve the huge MSME market. Result PDF
Mas Financial Services announced Q2FY23 results: Assets under Management (AUM) of Rs.7138.11 Crore and profit after tax of Rs.49.07 Crore for the quarter ended 30th September 2022 from Rs.5485.18 Crore and Rs.38.32 Crore respectively for the quarter ended 30th September 2021. The AUM as of June, 30th 2022 was Rs.6683.92 Crore Commenting on the performance, Mr. Kamlesh Gandhi - Founder, Chairman & Managing Director, MAS Financial said, "We have over two & half decades demonstrated that "CONSISTENTLY AND STEADILY lS THE FASTEST WAY TO REACH WHERE YOU WANT TO". Our conviction to grow at a consistent CAGR of 20-25% is based on the strong enablers' namely high capital adequacy, excellent asset quality accompanied by strong liability management and the niche expertise to serve the huge MSME market. The same was very aptly demonstrated in the working of this quarter and are confident for the same going forward. ln consonance with our mission and vision to constantly endeavour to create value for stakeholders on a very large scale through efficient last-mile delivery of credit, the main focus of the company continues to remain on maintaining a strong capital base, adequate liquidity and quality of assets." Result PDF