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NBFC stock hits 20% upper circuit after it reports 266% YoY increase in net profits in H1FY25

NBFC stock reported a 266% YoY profit surge for H1FY25, driven by higher revenues, reduced finance costs, and efficient cost management, reflecting strong financial growth and stability.
NBFC stock hits 20% upper circuit after it reports 266% YoY increase in net profits in H1FY25

Introduction:

NBFC stock has reported an impressive 266% YoY growth in net profit for H1FY25, reaching ₹1,886.93 lakh. This remarkable performance was driven by strong business performance, effective cost management, and strategic operations, bolstering revenue and financial stability.

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Also Read: NBFC stock jumps after company announces 1:5 stock split

Share price movement of Nisus Finance:

On December 26, 2024, Nisus Finance Services Co Ltd opened at ₹349.00, up 9.85% from its previous close of ₹317.65. The stock reached a high of ₹381.15 and a low of ₹339.00. By 12:03 PM, it traded at ₹381.15, a 19.99% increase, with a market cap of ₹910.11 crore.

Nisus Finance reports 266% profit growth:

Nisus Finance Services Co Limited has posted an impressive 266% YoY surge in net profit for H1FY25, reaching ₹1,886.93 lakh, up from ₹514.53 lakh last year. This exceptional growth was driven by strong performance across multiple business segments and effective cost control.

The company also reported a rise in total income to ₹3,862.57 lakh for H1FY25, a notable increase from ₹3,094.86 lakh in H1FY24. Revenue growth was fueled by higher operational earnings, reduced finance costs, and careful management of expenses, alongside controlled employee and depreciation costs.

Nisus Finance’s solid performance is reflected in its robust balance sheet, with total assets reaching ₹6,729.59 lakh. The company’s equity surged to ₹5,175.32 lakh, and it reported a current tax expense of ₹657.36 lakh, highlighting its prudent tax management approach.

Also Read: India Rising: Investor’s Guide for 2025. Possibilities, Hindrances & Indian Stock Market in 2025

Stock performance of Nisus Finance for Period of 1 week:

Over the past week, Nisus Finance Services Co Ltd has seen a modest return of 1.13%. Despite market fluctuations, the stock continues to demonstrate resilience, reflecting steady performance and investor confidence in the company’s growth trajectory.

Also Read: Infra stock jumps 6% after it signs agreement worth ₹981 Cr with NHAI

Shareholding pattern of Nisus Finance:

All values in %Dec 2024
Promoter73.20%
FII3.20%
DII5.80%
Public17.80%
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About Nisus Finance:

Nisus Finance Services Co. Ltd. (BSE: 544296) operates in two main segments: Transaction Advisory Services and Fund & Asset Management. With subsidiaries in real estate, urban infrastructure, and NBFC, it manages over INR 1000 Crore AUM, offering tailored financial solutions.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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