Bangalore : Fullerton India, one of India’s leading non-banking financial companies with a strong pan-India presence, today announced their audited results for the year ending 31st March 2015. The total revenue for FY2014-15 increased by 24% at ₹1,720 crores as against ₹1,388 crores in the previous year. The Profit after Tax (PAT) for the year increased by 60% to ₹301 crores as against ₹188 crores last year.

The company also saw tremendous growth in the Assets Under Management (AUM) which grew by 39% to ₹8,669 crores during the year. FY 2014-15 also saw 40% increase in loan disbursals to ₹6,831 crores as compared to ₹4,868 crores last year.

Commenting on the results, Shantanu Mitra, MD & CEO said, “Fullerton India has demonstrated exceptional growth coupled with sound financial prudence for the financial year 2014-15. We have focused on delivering growth on the back of strong risk management processes driven by the increased usage of analytics. We are also well poised to ride the renewed business sentiment across the country, given our inherently strong technology backbone and the stability offered by our robust CAR of 19.6%.”

Fullerton India employs almost 7500 employees across 437 branches as on March 31, 2015 with nearly 60% of the workforce serving their rural business as of today. Servicing a customer base of over one million, Fullerton India’s product portfolio includes Loans against property, SME and Business loans, Commercial Vehicle and Two-wheeler loans, Personal loans, Rural Livelihood loans and Rural Mortgage. Operating its rural financial services business under the Gramshakti brand, Fullerton India expanded its rural branch network to 223 branches as on March 31, 2015.