Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now

Equitas Holdings Net up 4% to Rs 45 cr in Oct-Dec quarter

Equitas Holdings today reported 4 per cent growth in consolidated net profit at Rs 45 crore for the third quarter of 2016-17.

February 01, 2017 / 10:01 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Equitas Holdings today reported 4 percent growth in consolidated net profit at Rs 45 crore for the third quarter of 2016-17.

It had registered a net profit of Rs 43 crore in the corresponding quarter of the previous fiscal.

"Net interest income increased by 48 percent year-on-year at Rs 230.70 crore for the quarter ended December 31, 2016 as against Rs 155.7 crore in the same quarter last year," the company said in a release.

The diversified financial services group said the growth has been led by healthy disbursements in key focus asset products like micro finance, used commercial vehicle finance and micro and small enterprise (MSE) loan offerings.