Fedbank Financial Services Ltd Share Price – NSE  /  BSE

Finance, Small Cap

Net profit of Fedbank Financial Services rose 73.31% to Rs 67.66 crore in the quarter ended March 2024 as against Rs 39.04 crore during the previous quarter ended March 2023. Sales rose 20.61% to Rs 407.58 crore in the quarter ended March 2024 as against Rs 337.92 crore during the previous quarter ended March 2023.

For the full year,net profit rose 35.85% to Rs 244.70 crore in the year ended March 2024 as against Rs 180.13 crore during the previous year ended March 2023. Sales rose 33.80% to Rs 1577.21 crore in the year ended March 2024 as against Rs 1178.79 crore during the previous year ended March 2023.

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Fedbank Financial Services will hold a meeting of the Board of Directors of the Company on 29 April 2024.

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Fedbank Financial Services has appointed Sunil Satyapal Gulati and Ramesh Sundararajan as Additional Directors ( in the capacity of Independent Director) on 15 March 2024 for a term of 5 years commencing with effect from 15 March 2024 till 14 March 2029 ( both days inclusive) subject to the confirmation of the shareholders of the Company in their General Meeting.

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Fedbank Financial Services announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 February 2024 .

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