Diversified Financial Services
Company Overview of ECL Finance Ltd.
ECL Finance Limited engages in capital based and financing businesses in India. The company provides wholesale and retail financing. It is also involved in treasury and investment activities. The company was incorporated in 2005 and is based in Mumbai, India. ECL Finance Limited is a subsidiary of Edelweiss Financial Services Limited.
Lodha Excelus Apollo Mills Compound
N.M. Joshi Marg
Founded in 2005
Key Executives for ECL Finance Ltd.
Chief Executive Officer, Managing Director, Director, Member of Audit Committee, Member of Nomination & Remuneration Committee, Member of Stakeholders' Relationship Committee, Member of Asset Liability Management Committee and Member of Risk Management Committee
Executive Director and Member of Corporate Social Responsibility Committee
Compensation as of Fiscal Year 2015.
ECL Finance Ltd. Key Developments
ECL Finance Ltd. Announces Resignation of Rujan Panjwani as Director
Jan 21 16
ECL Finance Ltd. announced that Board of Directors at the meeting held on January 19, 2016, approved resignation of Mr. Rujan Panjwani as a Director of the company with effect from January 19, 2016.
ECL Finance Ltd., Board Meeting, Jan 19, 2016
Jan 14 16
ECL Finance Ltd., Board Meeting, Jan 19, 2016. Agenda: To consider inter alia the proposal to raise funds through issue of bonds/non-convertible debt securities.
ECL Finance Ltd. Reports Standalone Audited Earnings Results for the Six Months and Year Ended March 31, 2015
May 15 15
ECL Finance Ltd. reported standalone audited earnings results for the six months and year ended March 31, 2015. For the six months, the company has posted total income of INR 2,283.08 million against INR 1,307.41 million a year ago. Profit from ordinary activities before tax was INR 521.78 million against INR 173.343 million a year ago. Net profit was INR 349.73 million against INR 128.39 million a year ago. Basic and diluted EPS was INR 121.35 against INR 34.17 a year ago.
For the year, the company has posted total income of INR 3,950 million against INR 2,900.38 million a year ago. Profit from ordinary activities before tax was INR 761.42 million against INR 611.25 million a year ago. Net profit was INR 507.55 million against INR 420.50 million a year ago. Basic and diluted EPS was INR 170.43 against INR 144.20 a year ago.
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