Kreon Finnancial Services Ltd updates on business performance

Kreon Finnancial Services Ltd is a BSE listed company (BSE Code: KREONFIN; Scrip Code: 530139) established in the year 1994.

The company has made a step forward with 1 Lakh plus registered customers as on today 27th Sep, 2021 in the StuCred App. As on 31st March 2019, the StuCred App had 2,100 registered customers which was 26,700 registered customers as on 31st March 2020 and moved on to 45,000 registered customers as on 31st March 2021. The customer base of StuCred has shown a rapid increase within six months in the current financial year which is more than 100% of the growth in the previous financial year.

Also the financial performance of the Company has achieved 100% revenue in first six months of the current financial year compared to the revenue during this period in the previous financial year. The StuCred app being user friendly has gained a wider reach in the digital market stimulating the financial performance of the Company.

Shares of Kreon Finnancial Services Limited was last trading in BSE at Rs. 11.99 as compared to the previous close of Rs. 11.42. The total number of shares traded during the day was 100 in over 1 trades.

The stock hit an intraday high of Rs. 11.99 and intraday low of 11.99. The net turnover during the day was Rs. 1199.

Source : Equity Bulls

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