Kailash Auto Finance has reported results for second quarter ended September 30, 2014.
The company has posted over 17 fold jump in its net profit at Rs 1.59 crore for the quarter ended September 30, 2014 as compared to Rs 0.09 crore for the same quarter in the previous year. Total income has increased to Rs 17.97 crore for quarter under review under review as compared to Rs 0.20 crore for the quarter ended September 30, 2013.
Kailash Auto Finance was incorporated as a public limited company on November 14, 1984. It is a non-banking financial company. Financial services such as automobile financing for the commercial transport vehicle industry, 2/3 wheelers, jeeps/cars and consumer durables are provided.