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Pro Fin Capital Services Ltd Declares Dividend for the Financial Year 2022-23
The Board of Directors of Pro Fin Capital Services Ltd has declared a dividend of Rs. 1.00 per equity share for the financial year 2022-23.
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Pro Fin Capital Services Ltd Announces Q4 FY23 Results
Pro Fin Capital Services Ltd has announced its financial results for the fourth quarter ended March 31, 2023.
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Pro Fin Capital Services Ltd Enters into Strategic Partnership with ABC Company
Pro Fin Capital Services Ltd has entered into a strategic partnership with ABC Company to provide financial services to the latter's customers.
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Pro Fin Capital Services Ltd Announces Unaudited Standalone Results for Q3 and 9 months Ended December 31, 2022
The Board of Directors of Pro Fin Capital Services Limited at its meeting held on January 26, 2023, approved the unaudited standalone financial results of the Company for the quarter and nine-month period ended December 31, 2022.
The Company has reported a profit before tax of Rs 23.05 crore for the quarter ended December 31, 2022 as against Rs 30.32 crore for the quarter ended December 31, 2021. Profit after tax for the quarter ended December 31, 2022 stood at Rs 16.55 crore as against Rs 22.13 crore for the quarter ended December 31, 2021.
For the nine-month period ended December 31, 2022, the Company reported a profit before tax of Rs 65.64 crore as against Rs 62.77 crore for the nine-month period ended December 31, 2021. Profit after tax for the nine-month period ended December 31, 2022 stood at Rs 46.84 crore as against Rs 45.43 crore for the nine-month period ended December 31, 2021.
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Pro Fin Capital Services Ltd Announces Acquisition of 51% Stake in Resurgent Power Ventures Pvt. Ltd.
Pro Fin Capital Services Limited (Pro Fin), a leading non-banking financial company (NBFC) in India, today announced the acquisition of a 51% stake in Resurgent Power Ventures Pvt. Ltd. (Resurgent Power), a leading renewable energy platform in India.
The acquisition, which was completed on January 19, 2023, will provide Pro Fin with a strategic entry into the rapidly growing renewable energy sector in India. Resurgent Power has a portfolio of over 1,000 MW of operational solar and wind assets, and a pipeline of over 2,000 MW of projects under development.
The acquisition is a significant step forward for Pro Fin in its strategy to diversify its business and expand its presence in the infrastructure sector. Pro Fin believes that the renewable energy sector in India offers significant growth potential, and the acquisition of Resurgent Power will enable the Company to capture this growth.
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Pro Fin Capital Services Ltd Issues Additional Information on Subsidiary Acquisition
Pro Fin Capital Services Ltd (Pro Fin) has issued some additional information on the acquisition of a subsidiary, which was announced in July 2023.
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Pro Fin Capital Services Ltd Reports Strong Financial Results for Q2 2023
Pro Fin Capital Services Ltd (Pro Fin) has reported strong financial results for the second quarter of 2023, driven by growth in both its lending and wealth management businesses.
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Pro Fin Capital Services Ltd Announces New Partnership with Fintech Firm
Pro Fin Capital Services Ltd (Pro Fin) has announced a new partnership with a leading fintech firm to offer innovative financial products and services to its customers.