TODAY -
NEDFi registers 21% hike in net profit
The Telegraph | Guwahati, Sept. 29:
“The corporation’s gross profit during the year grew by 29 per cent from Rs 62.43 crore to Rs 80.53 crore, while the net profit grew by 21 per cent from Rs 45.65 crore to Rs 55.20 crore,” a NEDFi communiqué stated.
During the fiscal, NEDFi’s disbursements registered an increase of 19 per cent from Rs 281 crore to Rs 335 crore while its loan portfolio grew by 26 per cent from Rs 668 crore to Rs 841 crore. The corporation has also successfully reduced its net non-performing assets from 1.85 per cent to 1.39 per cent.
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* This Post is uploaded on September 30, 2012
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