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Ujjivan Financial Services reports stellar Q3 performance

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Capital Market
Last Updated : Feb 04 2020 | 9:04 AM IST

Ujjivan Financial Services announced its Q3 earning figures post trading hours yesterday, 3 February 2020.

On a consolidated basis, Ujjivan Financial Services net profit surged 135.75% to Rs 74.97 crore in Q3 December 2019 as compared to Rs 31.80 crore reported in Q3 December 2018. Consolidated total income jumped 50.71% to Rs 764.71 crore in Q3 December 2019 over Q3 December 2018.

Meanwhile, the board of directors at their meeting held yesterday, Monday, 3 February 2020, has approved the appointment of Samit Ghosh as an additional director with effect from Wednesday, 1 April 2020.

Ujjivan Financial Services gained 1.94% to close at Rs 375.30. It hit an intraday high of Rs 384.90 and an intraday low of Rs 361.40 on Monday, 3 February 2020.

Ujjivan Financial Services is a non-banking finance company engaged in the micro finance lending business.

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First Published: Feb 04 2020 | 8:33 AM IST

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