Business Standard

Fullerton India's total disbursals jump 41% in 9MFY23, AUM rises 34%

Speaking on the overall performance, the management said that the company's performance in FY22 and 9MFY23 reflected deep commitment to customers

nbfc, hfc, housing, loans, banks, realty, construction, default, sales
Premium

SI Reporter Mumbai
NBFC major Fullerton India Credit Company (Fullerton India) reported profit of Rs 551 crore for the October-December quarter of FY23 (Q3FY23). Total Disbursals, too, jumped 41 per cent year-on-year (YoY) at Rs 19,500 crore in nine months of FY23 (9MFY23).

That apart, the company reported a 34 per cent surge in assets under management (AUM) to Rs 34,140 crore in 9MFY23. Profit, on the other hand, was registered 5.2x (times) higher than FY22 at Rs 551 crore.

Speaking on the overall performance, the management said that the company's performance in FY22 and 9MFY23 reflected deep commitment to customers.

"We have

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 24 2023 | 1:47 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com