September 28, 2016 4:22 PM ET

Diversified Financial Services

Company Overview of Grama Vidiyal Micro Finance Limited

Company Overview

Grama Vidiyal Micro Finance Limited, 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.

No.9, "Paripoorna Tower"

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 Limited

Chief Executive Officer
Founder, Chairman and Managing Director
Head of Finance
Vice President and Director
Compensation as of Fiscal Year 2016.

Grama Vidiyal Micro Finance Limited Key Developments

Grama Vidiyal Micro Finance (P) Ltd., Board Meeting, May 28, 2015

Grama Vidiyal Micro Finance (P) Ltd., Board Meeting, May 28, 2015. Agenda: To approve audited standalone earnings results for the six months and full year ended March 31, 2015.

Grama Vidiyal Micro Finance Ltd. Announces Audited Standalone Earnings Results for the Six Months and Full Year Ended March 31, 2015

Grama Vidiyal Micro Finance Ltd. announced audited standalone earnings results for the six months and full year ended March 31, 2015. For the six months, the company reported total income of INR 1,042.628 million compared to INR 841.303 million for the same period a year ago. Operating profit before provisions and contingencies was INR 171.289 million compared to INR 51.619 million for the same period a year ago. Profit from ordinary activities before tax was INR 157.579 million compared to INR 40.196 million for the same period a year ago. Net profit was INR 110.173 million compared to INR 27.822 million for the same period a year ago. Basic and diluted earnings per share were INR 19.56 compared to INR 4.99 for the same period a year ago. Return on assets was 1.09% against 0.37% a year ago. For the full year, the company reported total income of INR 1,939.894 million compared to INR 1,518.773 million for the same period a year ago. Operating profit before provisions and contingencies was INR 292.98 million compared to INR 79.852 million for the same period a year ago. Profit from ordinary activities before tax was INR 269.26 million compared to INR 48.275 million for the same period a year ago. Net profit was INR 183.312 million compared to INR 33.415 million for the same period a year ago. Basic and diluted earnings per share were INR 32.67 compared to INR 5.99 for the same period a year ago. Return on assets was 1.81% against 0.44% a year ago.

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.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 12, 2016
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