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Fino’s tax expense ballooned to INR 5.7 Cr in Q4 FY25 as against INR 8 Lakh in the year-ago quarter, resulting in the decline in profit
Total income during the quarter under review stood at INR 493.5 Cr, up over 23% from INR 401.3 Cr in Q4 FY24
Total expenses for the quarter grew 7% QoQ and 23% YoY to INR 463.8 Cr
Fino Payments Bank’s net profit slipped 5% to INR 24 Cr in Q4 FY25 from INR 25.2 Cr in the year-ago quarter on the back of rise in its tax expense.
The…
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Fino’s tax expense ballooned to INR 5.7 Cr in Q4 FY25 as against INR 8 Lakh in the year-ago quarter, resulting in the decline in profit
Total income during the quarter under review stood at INR 493.5 Cr, up over 23% from INR 401.3 Cr in Q4 FY24
Total expenses for the quarter grew 7% QoQ and 23% YoY to INR 463.8 Cr
Fino Payments Bank’s net profit slipped 5% to INR 24 Cr in Q4 FY25 from INR 25.2 Cr in the year-ago quarter on the back of rise in its tax expense.
The…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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