Softlogic Capital records Rs 1.1 b PAT

Softlogic Capital PLC, the financial services holding company of the Softlogic Group, crossed the billion rupee profit mark and reported Profit after Tax (PAT) for the Sector of Rs. 1.1 billion for the financial year ended March 2016.

The result was a substantial increase of 45% compared with the previous year's PAT of Rs. 782 million. Turnover for the Sector after consolidation was Rs. 11.1 Billion, an increase of 12% compared with the previous year. Total Assets of the Sector were Rs. 34.7 billion.

The Financial Services Sector contributed 16.7% to the top line of the Softlogic Group with revenues of Rs. 11.1 billion and more importantly contributed Rs. 1.1 Billion to the bottom line of the Group, making it one of the major investment successes that the Group has achieved.