Sakthi Finance Limited is a deposit-taking non-banking financial company (NBFC). The Company is engaged in the business of hire purchase, financing commercial vehicles, infrastructure equipment, and machinery. It operates in the asset financing segment. The Company focuses on financing pre-owned commercial vehicles. The Company offers fixed deposit schemes through its authorized distributor, Sakthi Financial Services. It also provides finance for purchasing infrastructure construction equipment, multi-utility vehicles, cars, jeeps, and other machinery. The Company is located in Tamil Nadu, Kerala, Andhra Pradesh, Karnataka, Maharashtra, Haryana and the Union Territory of Puducherry.
SAKTHI FINANCE Financial Highlights
- Revenue: SAKTHI FINANCE reported revenue of ₹78.30 crore in FY10 vs ₹57.35 crore in FY09. It showed an increase of 36.53% on a yearly basis.
- Operating Profit: SAKTHI FINANCE reported an operating loss of ₹40.64 crore in FY10 vs ₹29.76 crore in FY09. It showed a decrease of 36.56% on a year-on-year basis.
- Net Profit: SAKTHI FINANCE reported a net profit of ₹5.86 crore in FY10 vs ₹4.77 crore in FY09. It showed an increase of 22.85% on a yearly basis.