S E Investments Q4 net profit up about 31 fold

Financial services company S E Investments reported a net profit of Rs 504.61 lakh for the fourth quarter ended on March 31, 2008, a 30.99 fold growth over the corresponding period a year ago.

NEW DELHI: Financial services company S E Investments on Saturday reported a net profit of Rs 504.61 lakh for the fourth quarter ended on March 31, 2008, a 30.99 fold growth over the corresponding period a year ago.

The company had a net profit of Rs 15.77 lakh in the same quarter previous fiscal, a release said.

For the year ended on March 31, 2008, the company posted a net profit of Rs 1,114.55 lakh, against Rs 536.29 lakh during the same period a year ago.

The net income rose to Rs 3,238.71 lakh from Rs 2,209.16 lakh in 2006-07, the release said.

The company has invested in alternate energy in Karnataka and Rajasthan. It has installed a 2.4 MW Enercon make WEG at Chitradurga in Karnataka, it added.
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