SE Investments Q1 net at Rs 17 crore

SE Investments today reported a 0.29 per cent growth in net profit at Rs 17.10 crore for the quarter ended June 30, 2011.

The financial services company's net income from operations rose by 16.25 per cent in the first quarter of the current fiscal to Rs 47.14 crore.

As on June 30, the company's net worth stood at Rs 365 crore, SE Investments said in a statement.

"We have posted consistent growth in spite of stiff competition through a constantly updated product portfolio," S E Investments Managing Director Sunil Agarwal said.