Hot Pursuit     14-Oct-22
MAS Financial Services issue CPs worth Rs 55 cr
The company has raised Rs 55 crore via issuance of commercial papers (CP).
The CP were allotted on 13 October 2022. The instrument, offering interest rate of 7.80%, will mature on 31 October 2022. It is rated CARE A1+.

MAS Financial Services is a Gujarat-headquartered NBFC with more than two decades of business operations. The company's business and financing products are primarily focused on middle and lower income customer segments spread across urban, semi urban and rural areas, and including formal and informal sector.

The NBFC reported a 25.5% rise in consolidated net profit to Rs 45.95 crore on a 31.4% increase in total income to Rs 205.70 crore in Q1 FY23 over Q1 FY22.

Shares of MAS Financial Services were up 0.15% at Rs 755.35 on Thursday, 13 October 2022.

Previous News
  MAS Financial Services to convene board meeting
 ( Corporate News - 15-Jun-23   10:12 )
  MAS Financial Services consolidated net profit rises 28.23% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   17:11 )
  MAS Financial Services consolidated net profit declines 1.51% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   07:45 )
  Board of MAS Financial Services recommends Interim Dividend
 ( Corporate News - 02-Feb-23   09:45 )
  MAS Financial Services to announce Quarterly Result
 ( Corporate News - 30-Jun-22   16:22 )
  Volumes soar at Torrent Power Ltd counter
 ( Hot Pursuit - 04-Feb-22   11:00 )
  MAS Financial Services standalone net profit rises 42.25% in the September 2018 quarter
 ( Results - Announcements 01-Nov-18   16:18 )
  MAS Financial Services to table results
 ( Corporate News - 25-Oct-21   09:22 )
  MAS Financial Services announces demise of Director and CFO
 ( Corporate News - 29-Jan-21   12:29 )
  Mas Financial Services
 ( Analyst Meet / AGM - Conference Call 27-Aug-18   15:39 )
  Board of MAS Financial Services approves NCD issuance up to Rs 500 cr
 ( Corporate News - 16-Jun-20   15:28 )
Other Stories
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
Back Top