Five-Star Business Finance reports 28% profit growth, proposes dividend

Five-Star Business Finance Limited reported a 28% increase in profit after tax to INR 1,073 crores for FY 2024-25, alongside 23.20% year-on-year growth in assets under management to INR 11,877.04 crores.

However, non-performing assets rose to 1.79%. The company expanded its branch network to 748 locations across 10 states and one union territory.

The board proposed a final dividend of ₹2 per equity share, representing 200% of the ₹1 face value. The company also increased borrowing limits to INR 12,000 crores, including up to INR 4,000 crores through non-convertible debentures via private placement.