Redington India Ltd has informed BSE that the Board of Directors of Easyaccess (a wholly owned subsidiary of the Company) has at its meeting held on April 25, 2008 approved the results for the financial year 2007-08.

During the financial year, Easyaccess recorded a gross income of Rs 3.61 Crores. The Profit After Tax for the year was Rs 1.22 Crores. In less than months of commencing business, Easyaccess disbursals aggregated Rs 477 Crores.

Easyaccess is a RBI registered NBFC focusing initially in the commercial finance space of the Information Technology products supply chain.