June 23, 2017 11:55 PM ET

Thrifts and Mortgage Finance

Company Overview of Parab Infra Limited

Company Overview

Parab Infra Limited, an infrastructure company, provides finance for housing, industrial companies, and commercial enterprises in India. It also offers management and financial consultancy services; and hire purchase financing for the purchase of industrial and office plants, equipment, machinery, vehicles, buildings, etc., as well as operates as a commission agent. The company was formerly known as Pacheli Enterprises Limited and changed its name to Parab Infra Limited in December 2013. Parab Infra Limited was incorporated in 1989 and is based in Mumbai, India.

Shweta Park Co-op Hsg.Soc

M-101, 1st Floor

Road No. 2, Daulat Nagar

Borivali (East)

Mumbai,  400066

India

Founded in 1989

Phone:

91 22 2895 1030

Key Executives for Parab Infra Limited

Managing Director and Executive Director
Age: 45
Chairman and Chief Financial Officer
Age: 47
Compensation as of Fiscal Year 2016.

Parab Infra Limited Key Developments

Parab Infra Limited Announces Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2017

Parab Infra Limited announced audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported total income from operations of INR 9.588 million compared to INR 12.757 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 4.544 million compared to profit of INR 3.655 million a year ago. Profit from ordinary activities before tax was INR 4.544 million compared to INR 3.655 million a year ago. Net profit for the period was INR 3.181 million or INR 0.59 per basic and diluted earnings share compared to INR 2.52 million or INR 0.47 per basic and diluted share a year ago. For the year, the company reported total income from operations of INR 14.65 million compared to INR 17.387 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 7.471 million compared to INR 6.176 million a year ago. Profit from ordinary activities before tax was INR 7.471 million compared to INR 6.176 million a year ago. Net profit for the period was INR 5.204 million or INR 0.97 per basic and diluted earnings share compared to INR 4.268 million or INR 0.80 per basic and diluted share a year ago.

Parab Infra Limited Approves the Resignation of Jinal Doshi as Company Secretary of the Company

Parab Infra Limited at its board meeting held on May 30, 2017, approved the resignation of Jinal Doshi as Company Secretary of the company.

Parab Infra Limited to Report Q4, 2017 Results on May 30, 2017

Parab Infra Limited announced that they will report Q4, 2017 results on May 30, 2017

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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