Ahmedabad, Fullerton India, one of India’s leading non-banking financial companies with a strong pan-India presence, today announced their audited results for the year ending 31st March 2015.The total revenue for FY2014-15 increased by 24% at Rs 1,720 crores as against 1,388 crores in the previous year. The Profit after Tax (PAT)for the year increased by 60%to Rs 301crores as against Rs. 188 crores last year.
The company also saw tremendous growth in the Assets Under Management(AUM) which grew by 39% to 8,669crores during the year. FY 2014-15 also saw 40% increase in loan disbursals to 6,831crores as compared to 4,868 crores last year.
Fullerton India employs almost 7500 employees across 437 branches as on March 31,2015 with nearly 60% of the workforce serving their rural business as of today. Servicing a customer base of over one million, Fullerton India’s product portfolio includes Loans against property, SME and Business loans, Commercial Vehicle and Two-wheeler loans, Personal loans, Rural Livelihood loans and Rural Mortgage. Operating its rural financial services business under the Gramshakti brand, Fullerton India expanded its rural branch network to 223 branches as on March 31, 2015.