QGO Finance announced that the Board of Directors of the Company at its meeting held on 29 May 2023, inter alia, have recommended the interim dividend of Rs 0.1 per equity Share (i.e. 1%) , subject to the approval of the shareholders.

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Qgo Finance has fixed 08 June 2023 as record date for payment of interim dividend for FY23.

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Net profit of Qgo Finance rose 12.82% to Rs 0.44 crore in the quarter ended March 2023 as against Rs 0.39 crore during the previous quarter ended March 2022. Sales rose 20.39% to Rs 3.07 crore in the quarter ended March 2023 as against Rs 2.55 crore during the previous quarter ended March 2022.

For the full year,net profit rose 89.25% to Rs 1.76 crore in the year ended March 2023 as against Rs 0.93 crore during the previous year ended March 2022. Sales rose 37.83% to Rs 11.55 crore in the year ended March 2023 as against Rs 8.38 crore during the previous year ended March 2022.

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QGO Finance will hold a meeting of the Board of Directors of the Company on 29 May 2023.

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