MAS Financial Services Consolidated AUM Crosses` 9500 Crore During the Quarter; PAT up by 20.98% to 61.94 in Q2FY24

The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialised in MSME financing, introduced as we speak the unaudited monetary outcomes for the quarter ended 30^th September 2023.

The constant monetary efficiency is the testimony of the robust fundamentals of the firm, which has been adopted over greater than 20 years. We witnessed a wholesome progress in enterprise actions throughout the segments we serve throughout the quarter. The consolidated disbursement was `2558.22 Crore throughout the quarter ended 30^th September 2023.

MAS Financial Services Limited on a consolidated foundation studies Assets beneath Management (AUM) of Rs. 9547.07 Crore and revenue after tax (PAT) of Rs. 61.94 Crore for the quarter ended 30^th September 2023 from Rs. 7518.04 Crore and Rs. 51.20 Crore respectively for the quarter ended 30^th September 2022.

MAS Financial Services Limited studies Assets beneath Management (AUM) of Rs. 9046.19 Crore and revenue after tax (PAT) of Rs. 60.01 Crore for the quarter ended 30^th September 2023 from Rs. 7138.11 Crore and Rs. 48.75 Crore respectively for the quarter ended 30^th September 2022. The AUM as on 31^st March 2023 was Rs. 8092.56 Crore.

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  A Growth of 26.73% in AUM and 23.10% in PAT over the corresponding interval of the earlier yr.

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  Capital Adequacy Ratio (together with Tier II capital) as of 30^th September 2023 stood at 25.17%. The Tier-I capital stood at 21.17%.

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  The portfolio high quality remained secure and robust at 2.17% gross stage 3 belongings and 1.47% internet stage 3 belongings of AUM as in contrast to 2.13% gross stage 3 belongings and 1.47% internet stage 3 belongings of AUM as on 30^th June 2023.

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  The firm continues to carry a administration overlay of Rs. 18.79 crore as on 30^th September, 2023, 0.27% of the whole on e-book belongings.

(` in Crore)

(` in Crore)

*Represents underlying belongings in every of the classes. As on 30^th September 2023 36.55% of the whole underlying belongings is thru numerous NBFCs.

MAS Rural Housing and Mortgage Finance Limited studies Assets beneath Management (AUM) of Rs. 500.87 Crore and revenue after tax of Rs. 1.90 Crore for the quarter ended 30^th September 2023 from Rs. 379.93 Crore and Rs. 2.53 Crore respectively for the quarter ended 30^th September 2022.

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  A progress of 31.83% in AUM over the corresponding interval of the earlier yr.

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  Capital Adequacy Ratio (together with Tier II capital) as of 30^th September, 2023 stood at 35.24%. The Tier-I capital stood at 26.24%.

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  The portfolio high quality remained secure and robust at 0.79% gross stage 3 belongings and 0.55% internet stage 3 belongings of AUM as in contrast to 0.71% gross stage 3 belongings and 0.50% internet stage 3 belongings of AUM as on 30^th June 2023.

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  The firm continues to carry a administration overlay of Rs. 3.00 crore as on 30^th September 2023, 0.76% of the whole on e-book belongings.

(` in Crore)

*- Contraction in revenue by ` 0.63 Crores due to increased working expenditure YoY on account of enlargement in department community & enhance in worker rely