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Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21 financial results with a 29 percent growth in AUM

Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India's fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarter & year ended March 31, 2021, and reported that the Company's quarterly & annual results were filed with the Bombay Stock Exchange on 19th May 2021. ....

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Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21


Mangal Credit and Fincorp Ltd. announces F.Y. 2020-21
ANI
20 May 2021, 18:55 GMT+10
Mumbai (Maharashtra) [India], May 20 (ANI/BusinessWire India): Mangal Credit and Fincorp Ltd. one of India s fastest-growing NBFC which is based out of Mumbai today announced its financial results for the quarteryear ended March 31, 2021, and reported that the Company s quarterlyannual results were filed with the Bombay Stock Exchange on 19th May 2021.
Despite the pandemic, the company has performed remarkably well in this financial year and witnessed 29 per cent growth in their AUM. The company has also reported revenues from products and services of INR 1,130.50 lacs an increase of approx. 28 per cent compared to Rs. 886.52 lacs in FY 2019-20, for the year ended March 31, 2021. The revenues have been primarily derived from loan against golddiamond jewellery and business loans to SMEsother personal loans. ....

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Mangal Credit & Fincorp standalone net profit declines 78.25% in the March 2021 quarter

Mangal Credit & Fincorp standalone net profit declines 78.25% in the March 2021 quarter
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