Asia
SG Finserve's Profit Rises in Fiscal Q4; Shares Jump 12%
SG Finserve's (BOM:539199) profit rose sharply to 422.7 million Indian rupees in the fiscal fourth quarter ended March 31 from 237.9 million rupees a year ago.Earnings per share came in at 7.42 rupees, up from 3.60 rupees a year earlier, the financial services company said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 increased to 1.05 billion rupees from 540.9 million rupees a year ago.The company's shares were up over 12% in recent trade.
BOM:539199
