 "Fullerton India Credit Q1 Net jumps 51% to Rs 43 cr")
"Fullerton India Credit Company Limited registered a profit after tax of Rs 43 crore for the first quarter of the financial year 2013-14, a growth of 51% as against the corresponding period of previous financial year," the company said in a statement.
The company grew its customer assets by 22%, with disbursals increasing by 27% compared to the corresponding quarter of previous year, it added.
Also Read
"The first quarter of the year continues the trend of strong traction, and stable growth. We will continue to expand our presence, and will invest in front-end customer facing infrastructure," company CEO and MD Shantanu Mitra said in the statement.
Fullerton India Credit Company is a wholly owned subsidiary of Fullerton Financial Holdings, Singapore, which is a subsidiary of Temasek Holdings of Singapore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%