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Friday, February 9, 2018

Result Update Dec Quarter 2017 - Ceejay Finance

Result Update Dec Quarter 2017 - Ceejay Finance

CFL reported encouraging set of numbers for the Quarter ended 31-12-2017

YoY : -

Revenue increased by 20% from 3.6 Cr to 4.3 Cr
Net profit increased by 30% from 1.1 Cr to 1.4 Cr
EPS increased from 3.2 to 4.1


 
QoQ : -

Revenue remained stable at 4.3 Cr
Net profit declined by 11% from 1.6 Cr to 1.4 Cr
EPS decreased from 4.6 to 4.1

December is normally weak quarter for vehicle financing business as buyer's wait to purchase vehicle in the new calender year. Performance is satisfactory and every dips should be utilised to increase exposure.

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