Motilal Oswal's research report on Fusion Microfinance: Fusion Microfinance (Fusion) reported a net loss of ~INR3.1b in 2QFY25 (vs. MOFSLe loss of ~INR1.8b) due to significantly high credit costs. Its 1HFY25 net loss was INR3.4b, and we expect 2HFY25 loss at INR280m. NII grew ~30% YoY to ~INR4b in 2Q, while PPoP rose ~17% YoY to ~INR2.8b (in line).
Open FlipReported Standalone quarterly numbers for F Mec International Financial Services are: Net Sales at Rs 1.69 crore in September 2024 up 279.77% from Rs. 0.44 crore in September 2023. Quarterly Net Profit at Rs. 0.56 crore in September 2024 up 240.91% from Rs. 0.17 crore in September 2023. EBITDA stands at Rs. 0.90 crore in September 2024 up 260% from Rs. 0.25 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Waaree Energies are: Net Sales at Rs 3,169.07 crore in September 2024 down 5.93% from Rs. 3,368.70 crore in September 2023. Quarterly Net Profit at Rs. 357.47 crore in September 2024 up 18.47% from Rs. 301.73 crore in September 2023. EBITDA stands at Rs. 577.89 crore in September 2024 up 14.26% from Rs. 505.78 crore in September 2023.
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