ASFL: Arman Financial Services Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

Arman Financial Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 1,603.34 million... Arman Financial Services Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was INR 1,603.34 million compared to INR 926.5 million a year ago. Net income was INR 408.16 million compared to INR 199.22 million a year ago. Basic earnings per share from continuing operations was INR 48.04 compared to INR 23.46 a year ago. Diluted earnings per share from continuing operations was INR 43.51 compared to INR 23.44 a year ago. For the six months, revenue was INR 3,098.42 million compared to INR 1,715.5 million a year ago. Net income was INR 807.54 million compared to INR 356.37 million a year ago. Basic earnings per share from continuing operations was INR 95.07 compared to INR 41.96 a year ago. Diluted earnings per share from continuing operations was INR 87.18 compared to INR 41.94 a year ago.