The company has reported more than two fold jump in its net profit at Rs 2.89 crore for the quarter, as compared to Rs 1.32 crore for the same quarter in the previous year. Total income from operations of the company increased by 45.30% at Rs 15.62 crore for quarter under review, as compared to Rs 10.75 crore for the quarter ended December 31, 2012.
IKF Finance is one of the leading Non Banking Finance Companies in Southern India. IKF offers a variety of services including automobile loans, working capital loans etc. The company’s primary focus is on financing the purchase of commercial vehicles. The company had also entered into partnership agreements with banks and institutions for asset management and securitization.
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