AD-Manum Finance Appoints New CFO and Reports Strong Q1 Results
AD-Manum Finance Limited has appointed Mr. Dheeraj Bajoliya as its new CFO, effective August 2. The company also reported impressive Q1 financial results with total income increasing by 77.80% to ₹497.82 lakh, profit before tax rising by 89.89% to ₹450.68 lakh, and net profit growing by 113.04% to ₹377.80 lakh. Earnings per share more than doubled from ₹2.36 to ₹5.04. The finance segment remains the primary revenue driver, generating ₹315.44 lakh, while the wind energy generation segment contributed ₹3.86 lakh.
02Aug 25
Ad-Manum Finance Reports 113% Jump in Quarterly Profit, Appoints New CFO
Ad-Manum Finance Limited announced strong Q1 FY2024 results with a 113% increase in net profit to ₹377.80 lakhs. Total income rose to ₹497.82 lakhs, and EPS improved to ₹5.04. The company appointed Mr. Dheeraj Bajoliya as the new CFO. The board approved preparations for the 39th AGM, including the Board Report, Corporate Governance Report, and e-voting arrangements. The company committed to timely submission of financial results and transparency in shareholder communications.