SE Investments Ltd., a leading financial services company with particular stress on micro credit, has posted excellent results for the year ended March 31st, 2008. Net Profit for the year ended March 31, 2008 stands at Rs.1114.55 lacs, a hop of 107 % up from Rs 536.89 lacs for the same period last year.

The Net profit for the quarter ended March 31, 2008 is a whooping 3077% jump to Rs 504.61 lacs, up from Rs 15.77 lacs for the same period in the last fiscal.

The company’s Net Income from Operations for FY 08 clocked Rs.3238.71 lacs, a hop of 46.6%, against Rs.2209.16 lacs in the last fiscal. Net Income from operations for the fourth quarter rose 53.63% to Rs 983.95 lacs, up from Rs 640.43 lacs in the last fiscal. Earnings Per Share (EPS) for the year ending March 31, 2008 stands at Rs 35.50, up from Rs 17.10 last year.

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About S E Investments

Headquartered in Uttar Pradesh, SE Investments is an upcoming financial services company that emphasizes on micro credit. SEIL promotes microcredit to women and Self Help Groups (SHGs) in both urban and rural areas. By enhancing the employability and income of women, SHIL is alleviating the poverty and living conditions of people at both macro and micro levels. To fund its operations, SEIL has tied up with leading financial institutions of the country. Credit facilities are enjoyed from Punjab National bank, ICICI Bank, Small Industries Development Bank of India, IREDA and HDFC Bank.

The company has also invested in alternate energy in Karnataka and Rajasthan. It has installed a 2.4 MW Enercon make WEG at Chitradurga, Karnataka. Another 0.8 MW Enercon make WEG is set up near Jaisalmer in Rajasthan.