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August 01, 2015 6:27 PM ET

Diversified Financial Services

Company Overview of GE Capital Services India Limited

Company Overview

GE Capital Services India Limited provides credit and finance for the corporate and retail customers in India. It offers working capital financing, bill discounting, telecom vendor financing, corporate aircraft financing, and inventory and lease finance solutions; and auto loans, consumer finance, and credit cards. The company also provides transaction processing, accounting, and call center services; IT-enabled business process outsourcing services, including IT help desk, remote network management, service bureau, and entrepreneur system services; and Internet/Web-based services. In addition, it offers commercial and industrial, commercial vehicle, healthcare, construction equipment, and c...

Building 7A

6th Floor

DLF Cyber City

DLF Phase – III

Gurgaon,  122002

India

Founded in 1993

Phone:

91 12 4480 8000

Fax:

91 12 4414 8651

Key Executives for GE Capital Services India Limited

Chief Financial Officer
Chief Executive Officer of Ge Energy India and President of Ge Energy India
Age: 52
Company Secretary
Compensation as of Fiscal Year 2015.

GE Capital Services India Limited Key Developments

GE Capital Services India Limited Announces Unaudited Standalone Earnings Results for the Six Months and Audited Earnings Results for the Full Year Ended March 31, 2015

GE Capital Services India Limited announced unaudited standalone earnings results for the six months and audited earnings results for the full year ended March 31, 2015. For the six months, the company reported interest earned of INR 806.1 million against INR 850.5 million a year ago. Total income was INR 1,605.7 million against INR 1,407.7 million a year ago. Operating loss before provisions and contingences was INR 3.10 million against INR 88.7 million a year ago. Loss from ordinary activities after tax was INR 46.4 million against INR 85.1 million a year ago. Net loss was INR 84.1 million against INR 84.4 million a year ago. Loss per diluted share were INR 0.12 against INR 0.38 a year ago. For the full year, the company reported interest earned of INR 1,652.2 million against INR 1,867.9 million a year ago. Total income was INR 2,911.1 million against INR 2,704.1 million a year ago. Operating loss before provisions and contingences was INR 2.9 million against INR 71.9 million a year ago. Loss from ordinary activities after tax was INR 12.8 million against INR 158.9 million a year ago. Net loss was INR 48 million against INR 158.2 million a year ago. Loss per diluted share were INR 0.12 against INR 0.38 a year ago.

GE Capital Services India Limited, Board Meeting, May 18, 2015

GE Capital Services India Limited, Board Meeting, May 18, 2015. Agenda: To consider and approve audited standalone earnings results for the six months and full year ended March 31, 2015.

GE Capital Plans To Exit SBI Cards and Payment Services

GE Capital Services India Limited plans to exit SBI Cards and Payment Services Private Limited. SBI card has started a valuation exercise for a possible new investor or a public offer. Chief Executive Vijay Jasuja said "First, SBI can buy back the entire 40% stake of GE Capital. Second, it can be sold to another investor through a private placement. Third, we can go in for a public issue. We have started a formal valuation exercise to arrive at our current market value. The exercise may take a month from now to complete"

Recent Private Companies Transactions

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To contact GE Capital Services India Limited, please visit www.gecapital.in. Company data is provided by Capital IQ. Please use this form to report any data issues.

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