The Board of MAS Financial Services at its meeting held on 24 April 2024 has appointed Vishal Vasu (DIN: 02460597) as an Additional Non-Executive Independent Director of the Company for a term of 5 years with effect from 24 April 2024. Powered by Capital Market - Live News

The Board of MAS Financial Services at its meeting held on 24 April 2024 has approved the borrowings of funds by way of issuance of secured/unsecured Non � Convertible debentures and commercial papers upto an aggregate amount of Rs. 1500 crore and Rs. 500 crore respectively, in one or more tranches through private placement basis. Powered by Capital Market - Live News

Net profit of MAS Financial Services rose 23.28% to Rs 69.36 crore in the quarter ended March 2024 as against Rs 56.26 crore during the previous quarter ended March 2023. Sales rose 24.15% to Rs 345.75 crore in the quarter ended March 2024 as against Rs 278.50 crore during the previous quarter ended March 2023.For the full year,net profit rose 23.51% to Rs 251.05 crore in the year ended March 2024 as against Rs 203.26 crore during the previous year ended March 2023. Sales rose 30.71% to Rs 1279.16 crore in the year ended March 2024 as against Rs 978.60 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales345.75278.50 24 1279.16978.60 31 OPM %76.4579.40 -76.9478.47 - PBDT94.8872.85 30 343.96274.37 25 PBT93.6872.09 30 339.67271.65 25 NP69.3656.26 23 251.05203.26 24 Powered by Capital Market - Live News

MAS Financial Services announced that the Board of Directors of the Company at its meeting held on 24 April 2024, has recommended a Final dividend of Rs.0.51 per share (i.e.5.10%), subject to the approval of the shareholders.Powered by Capital Market - Live News

MAS Financial Services will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News