Stock Report

Kreon Finnancial Services Limited - Operational Update for Q4FY22

Posted On : 2022-04-04 12:38:51( TIMEZONE : IST )

Kreon Finnancial Services Limited is a BSE Listed Company (BSE Code: KREONFIN; Scrip Code:530139) established in the Year 1994. The company has provided update on the operating performance of the company during Q4 FY2022.

FY 2021-22 (Q4 - Q3 Comparison)

- Number of Loans disbursed during the Quarter(Q4) has recorded a growth rate of 16.14% against the previous Quarter Q3 FY 2021-22

- Revenue during the Quarter(Q4) increased by 19.82% compared to the previous quarter Q3 FY 2021-22

- Value of disbursements during the Quarter(Q4) have recorded a growth of 18.72% against previous quarter-Q3 FY 2021-22

Y-O-Y Comparison ( March'21(Q4) - March'22(Q4))

- Number of Loans disbursed during the Quarter(Q4) has recorded a growth rate of 272% against the corresponding quarter in the previous year.

- Revenue during Quarter (Q4) has seen a growth of 360% against the corresponding quarter in the previous year.

- Value of disbursements during the Quarter(Q4) have recorded a growth of 299% against the corresponding quarter in the previous year.

HIGHLIGHTS OF MARCH-2022

- The number of loan disbursements has increased by 29.66% in the month of March 2022 compared to previous month February 2022

- Value of loans disbursed has increased by 30.87% in the month of March 2022 compared to previous month February 2022

- Revenue growth increased by 21.04% in the month of March 2022 compared to previous month February 2022.

Shares of KREON FINNANCIAL SERVICES LTD. was last trading in BSE at Rs. 43.90 as compared to the previous close of Rs. 41.85. The total number of shares traded during the day was 2631 in over 20 trades.

The stock hit an intraday high of Rs. 43.90 and intraday low of 39.85. The net turnover during the day was Rs. 114589.00.