Birla Capital And Finance Ltd
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BSE Code:
512332
NSE Code:
Business Profile
Business Profile
Birla Leasing & Infrastructure (BIRLACAP), incorporated on May 07, 1985 is engaged in the leasing and hiring business and various related activities. Earlier known as Birla Capital & Financial Services, it got its present name on Jun. 30, 2006. The company is part of the Birla group, which also includes BTA Cellcom, Birla Global Asset Finance Company, Laxmi Asbestos Products, and Pilani Investment & Industries Corporation.
The company is into the business of advancing loans, inter-corporate deposits and investments besides carrying on the business of hire purchase and leasing. It gets income from its activities in hire purchase, interest and commission.
The registered office is located at Industry House, 159, Churchgate Reclamation, Mumbai-400020.
Financials
Birla Leasing & Infrastructure registered a 52% growth in net profit to Rs 0.76 million for the quarter ended March 2008 from a profit of Rs 0.5 million for the quarter ended March 2007.
Net sales declined 4.69% to Rs 1.22 million for the quarter ended March 2008 from Rs 1.28 million for the quarter ended March 2007.
Total income was Rs 1.38 million for the quarter ended March 2008.
The earnings per share (EPS) of the company stood at Rs 0.02 for the quarter ended March 2008.
Recent Developments
12-MAY-08
On May 09, 2008, the board of directors decided to change the name of the company to Birla Capital & Financial Services, subject to necessary approvals.