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May 05, 2015 10:49 PM ET

Diversified Financial Services

Company Overview of Grama Vidiyal Micro Finance (P) Ltd.

Company Overview

Grama Vidiyal Micro Finance (P) Ltd., a microfinance institution, provides collateral-free loans to women without access to formal credit, thus facilitating the economic, social, and political empowerment of these women and their families. It offers general, seasonal, and business loans, as well as micro insurance. The company was founded in 1993 and is based in Trichy, India. Grama Vidiyal Micro Finance (P) Ltd. operates as a subsidiary of The Activists for Social Alternatives.

No.9, "Paripoorna Towers"

Manoranjitham Street

Annamalai Nagar

Trichy,  620 018

India

Founded in 1993

Phone:

91 43 1276 3752

Fax:

91 43 1275 0393

Key Executives for Grama Vidiyal Micro Finance (P) Ltd.

Chief Executive Officer
Chairman, Managing Director and Founder
Head of Finance
Vice President and Director
Compensation as of Fiscal Year 2014.

Grama Vidiyal Micro Finance (P) Ltd. Key Developments

Grama Vidiyal Micro Finance (P) Ltd., Board Meeting, Nov 08, 2014

Grama Vidiyal Micro Finance (P) Ltd., Board Meeting, Nov 08, 2014. Agenda: To consider and approve the earnings results for the six months ended September 30, 2014.

Grama Vidiyal Micro Finance Ltd. Announces Unaudited Standalone Earnings Results for the Six Months Ended September 30, 2014

Grama Vidiyal Micro Finance Ltd. announced unaudited standalone earnings results for the six months ended September 30, 2014. For the period, the company reported total income of INR 897.266 million compared to INR 682.011 million for the same period a year ago. Operating profit before provisions and contingencies was INR 116.691 million compared to INR 32.202 million for the same period a year ago. Profit from ordinary activities before tax was INR 111.681 million compared to INR 8.077 million for the same period a year ago. Net profit was INR 73.139 million compared to INR 5.591 million for the same period a year ago. Basic and diluted earnings per share were INR 13.11 compared to INR 1.00 for the same period a year ago. Return on assets was 1.07% against 0.09% a year ago.

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