Profit up 13.16% at Money Masters Leasing & Finance in FY2018-19
Money Masters Leasing & Finance posted FY2018-19 total revenue of Rs.2.64 Crore registering a 13.30% hike against the previous fiscal year.
Company : Majestic Research Services and Solutions Ltd
Headquartered in Mumbai, Money Masters Leasing & Finance Ltd reported, net profit of Rs.36.87 Lakh in the fiscal year 2018-19, against Rs.32.58 Lakh of last year. In the second half of FY2018-19, PAT was of Rs.27.60 Lakh whereas last year it stood at Rs.29.13 Lakh.
Hozef Darukhanawala, the Managing Director of MMLF, stated 10.42% YOY PBT growth in FY2018-19 against Rs.44.71 Lakh PBT in the preceding year.
Reportedly, PBT for HY2 of FY2018-19 reached Rs.27.60 Lakh decreasing by Rs.1.53 Lakh as against last year's.
The company is engaged in providing vehicles and equipments on hire purchase.
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