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Profectus Capital Private Limited (PCPL), an NBFC backed by Actis, a global private equity firm, announced impressive figures in the financial results for the Quarter and Financial Year ended 31st March 2023. PCPL’s AUM stands at Rs 2,453 crores as of March 2023, up 62% from March 2022. The company is dedicated to funding micro, small and medium enterprises (MSMEs) across eleven product clusters in India that have inadequate access to formal channels of financing. Recently, it also rece...
Profectus Capital Ltd Income for FY23 up by 69% at Rs. 273 crores
Mumbai: Profectus Capital Private Limited (PCPL), an NBFC backed by Actis, a global private equity firm, announced impressive financial figures for the quarter ended 31st December 2022. Profectus Capital is dedicated to funding micro, small and medium enterprises (MSMEs) across eleven product clusters in India that have inadequate access to formal channels of financing. Q3FY23 key performance highlights are: Total Income from Operations stood at Rs 70.74 crores compared to Rs 41.36...
Profectus Capital announces Q3FY23 results
Below is Post Budget quote on by Mr. KV Srinivasan , Executive Director and CEO of Profectus Capital This budget focuses on long term vision, structural reforms and infrastructure and social development. Highest ever capital expenditure of 10tn, on a already high base of last year, is a very encouraging signal for continued positive momentum in Indian economy. Theme of inclusive development and empowerment of women and weaker sections of society would also further strengthen ongoing t...
Post Budget Quote : MSME sector receives a big boost Says KV Srinivasan, Profectus Capital
Below Comment on RBI Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital “The RBI’s action in raising the repo rate by 35 bps is in line with market expectations and their consistent objective to rein in inflation. With the PMI (which reflects business confidence) and other indicators being positive, I expect capex to continue in spite of higher interest cost and do not see economic growth being impacted in any significant way. Repo rate has in rea...
Comment on RBI Monetary Policy by Mr. KV Srinivasan, Executive Director & CEO, Profectus Capital
Below is quote on Monetary Policy Comment by K V Srinivasan, Executive Director & CEO, Profectus Capital RBI increasing the rate is in line with the global trend to combat inflation arising from the pandemic and the geopolitical situation. While most countries are also facing falling growth rates, India has remained an exception with GDP growth projected at 7%. While cost of capex is likely to increase, i don't believe this will impede the capex cycle as Indian ...
RBI Monetary Policy: RBI increasing the rate is in line with the global trend to combat inflation by K V Srinivasan, Executive Director & CEO, Profectus Capital
Producer and director Kiran Rao, who startSparsed her film journey as one of the assistants on the sets of the iconic film 'Lagaan', is set to return to direction after over a decade since her directorial debut of 'Dhobi Ghat'. Her upcoming feature film is titled 'Laapataa Ladies'. Although the makers have been tight-lipped about the story, the film is set in 2001, somewhere in rural India. It follows the mess that ensues when two young brides get lost from a tra...
Kiran Rao returns to direction after 11 years with 'Laapataa Ladies'
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