- Total Revenue for FY 11 up by 106% to Rs. 18144 Lacs
- PAT for FY 11 up by 131 % to Rs. 6082 Lac
- EPS for FY 11 is Rs. 1.49 per share
S. E. Investments Ltd., BSE: (532900) / NSE (SEINVEST) a leading financial services company with particular stress on micro credit, is pleased to announce its audited results for the period ended March 31, 2011.
Total Revenue for FY 11 stood at Rs. 18144 Lac as against Rs. 8817 Lac for FY 10. The Profit after Tax (PAT) for FY 11 is up by 131% to Rs. 6082 Lac as against Rs. 2634 Lac for FY 10.
Basic EPS stands at Rs. 1.49 as compared to Rs. 1.18 for the corresponding previous year.
The results for the Q4 FY11 show that the Total revenue stood at Rs. 4800 Lac as against Rs. 2728 Lac for Q4 FY 10.Similarly, Profit after Tax (PAT) stood at Rs. 793 Lac. for Q4 FY11 as against Rs. 778 Lac for the corresponding quarter of last year.
Financial Highlights
Audited results for the financial year ending March 31, 2011
- Total revenue stood at Rs. 18144 Lac YoY growth 106%
- PAT at Rs. 6082 Lac YoY growth 131%
Audited results for the quarter ending March 31, 2011
- Total revenue stood at Rs. 4800 Lac QoQ growth 76%
- PAT at Rs. 793 Lac QoQ growth 2%
Commenting on the results, Mr. Sunil Agarwal, Managing Director, S. E. Investments Ltd. said, “”I am pleased to note that S.E. Investments Ltd. has emerged stronger in FY 10-11 compared to FY 09-10. We will continue to emphasize more on strategy with discipline in execution which will help us to strengthen SEIL services nationally while maintaining profitability. We promise to continue delivering maximum value to the growth of all our clients and stakeholders”
ABOUT S. E. INVESTMENTS LIMITED
S. E. Investments Limited having head quarters in U. P. is an established financial services company with its focus on small loans mainly for priority sector, for livelihood, for income generation, SME's, Business loans and other fund based credits. The small loans portfolio is unique and helping lot of people for improving incomes, living conditions and generation of wealth at macro and micro levels for development of the society.
To fund its operations, SEIL has tied up with leading financial institutions of the country. Credit facilities are enjoyed from Punjab National Bank, Central Bank, ICICI, SIDBI, IREDA, HDFC Bank, United Bank, Syndicate Bank, Development Credit Bank Limited, Reliance Capital Limited and Axis Bank.
The company has recently acquired 100% equity shares of M/s Nupur Finvest Private Limited, a RBI registered NBFC, by purchasing equity shares from existing shareholders and further allotment of shares of M/s Nupur Finvest Private Limited to carry on micro finance business according to modified guidelines.
The company has also invested in alternate energy in Karnataka and Rajasthan. It has installed 3.2 MW wind energy generators in Karnataka and Rajasthan.
