Moneylife Digital Team 03 June 2010

Subuthi Finance (Rs134)

Subuthi Finance, incorporated in 1992, claims to provide a wide range of financial services. Business growth has been extremely poor and inconsistent over the past four quarters. In the September 2009 quarter, revenues were just Rs10 lakh and operating profit was Rs6 lakh. In the December 2009 quarter, operating profit declined to Rs1 lakh on revenues of Rs5 lakh. For...

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