
Mumbai (Maharashtra) [India], August 5: Comfort Fincap Ltd, an NBFC of the Comfort Group has released the financial results for the first quarter of FY 2021-22 (ending June 2021). As per the unaudited results, the company has reported a Profit After Tax (PAT) of Rs.1.18 crores for the quarter. It recorded a net income from operations of Rs.2.84 crores. The net interest income of the company experienced an increase of around 25% YoY compared to June 2020. It also managed to generate a financial advisory and consultancy fee of Rs.7.50 lakhs in this quarter compared to zero in the quarter ending June 2020.
The company is positioned perfectly between the organized banking sector and the unorganized local money lenders. Led by a team of young professionals, Comfort Fincap has managed to register a stellar performance even in these trying times.
In the expenditure section, the company has managed to reduce its finance costs by around 17% compared to the previous quarter (ending March 2021). The overall expenditure has also seen a drop of around 109% compared to the previous quarter.
With services like loan against securities, margin funding, bill discounting, ESOP finance, loan against property, home improvement loan, personal loan, business loan, promoter funding, machinery finance, car loan, gold loan, and IPO financing, Comfort Fincap offers a wide range of products to consumers.
The current loan book of the company stands at Rs.67 crores as of June 30, 2021. The management has targeted a loan book of Rs.100 crores by the end of the financial year 2021-22. Comfort Fincap has reserves of Rs.29.89 crores (excluding revaluation reserve) and a paid-up equity capital of Rs.10.85 crores. The total assets of the company stand at Rs.73.50 crores.
Kindly visit the website http://www.comfortfincap.com/ for more information.
About Comfort Fincap Limited:
Being an NBFC, The Company has positioned itself between the organized banking sector and local money lenders, offering the customers competitive, flexible and timely lending services.
The Company is currently listed on the floors of BSE Limited and Calcutta Stock Exchange Limited.
About Comfort Group:
Comfort Group is headquartered in Mumbai and is on the path of rapid expansion across major cities in India. The Company has a diversified client base that includes HNIs, retail customers, mutual fund houses, financial institutions, corporate clients, and others.
Hi! I’m at work surfing around your blog from my new apple
iphone! Just wanted to say I love reading your blog and look forward
to all your posts! Keep up the outstanding work!
I do not even know how I stopped up here, however I believed this
publish used to be great. I don’t know who you are but definitely you’re going to
a famous blogger when you aren’t already. Cheers!
Hi there! I could have sworn I’ve been to this blog before but after browsing through some of the post I realizedit’s new to me. Anyways, I’m definitely delighted I found it and I’ll be bookmarking and checking backfrequently!
Receive and send emails through your temporary messaging system. Use our webmail or your favorite email software with our absolutely free disposable email. temp mail
264846 303237I enjoy the useful information you offer within your articles. 699086
472 161587Hi there for your individual broad critique, then once more particularly passionate the recent Zune, and moreover intend this specific, not to mention the beneficial feedbacks other sorts of every person has posted, will determine if is it doesnt answer youre looking for. 139763
314235 251145Hello there, just became alert to your weblog via Google, and located that it is truly informative. Im gonna watch out for brussels. I will appreciate in case you continue this in future. A great deal of people will probably be benefited from your writing. Cheers! xrumer 55581
386184 555250Oh my goodness! a fantastic post dude. A lot of thanks However We are experiencing dilemma with ur rss . Dont know why Can not sign up to it. Could there be anybody obtaining identical rss difficulty? Anyone who knows kindly respond. Thnkx 881385
248732 656223hey good internet site i will definaely come back and see again. 723544
101139 227800Great post, I conceive site owners ought to learn a whole lot from this web weblog its rattling user genial . 602532
11604 946018I take fantastic pleasure in reading articles with quality content. This post is 1 such writing that I can appreciate. Keep up the great work. 316110
353260 735740I like what you guys are up too. Such smart work and reporting! Carry on the superb works guys Ive incorporated you guys to my blogroll. I feel it will improve the value of my internet site 406228
408675 247511Highest quality fella toasts, or toasts. will most definitely be given birth to product or service ? from the party therefore supposed to become surprising, humorous coupled with enlightening likewise. best man speaches 93
940199 826906This can indicate that a watch has spent some or all of its life in the tropics and was not serviced as regularly as it really should have been. 43517
148794 517942Your home is valueble for me. Thanks!? This internet page is genuinely a walk-via for all with the details you necessary about this and didn know who to ask. Glimpse appropriate here, and you l undoubtedly uncover it. 369823
444508 274490Right after I initially commented I clicked the -Notify me when new feedback are added- checkbox and now each time a remark is added I get four emails with exactly the same comment. Is there any method you will be able to take away me from that service? Thanks! 95683
236967 57644As I web site possessor I believe the content matter here is rattling wonderful , appreciate it for your efforts. You must maintain it up forever! Best of luck. 502541
346439 519327Have you noticed the news has changed its approach lately? What used to neve be brought up or discussed has changed. It is that time to chagnge our stance on this though. 736382
Awesome Web-site, Maintain the excellent job. Thank you so much!
https://www.gigantx.org/sk/pilulky-na-zvacsenie-penisu.html