Fincare Business Services Limited has announced its annual report for the financial year ended March 31, 2022. As per the annual report, in FY22, the gross revenue of the company increased 18%, to Rs. 1707 crore as against Rs. 1448 crore in the previous financial year. The total expenses of the company increased 29%, to Rs. 1752 crore as against Rs. 1355 crore in the previous financial year. The company suffered a loss in FY22. In FY22, the Loss Before Tax of the company was Rs. (44) crore as against the Profit Before Tax of 92 crore in the previous financial year. In the financial year ended March 3, 2022, the net loss of the company was Rs. 29 crore as against net profit of Rs. 70 crore in the previous financial year. The EPS, diluted and basic, stood at Rs. 0.73 per equity share. The board of directors of the company didn't recommend any dividend for the financial year ended March 31, 2022. The total assets of the company reported an increase of 30%, Rs. 11049 crore as against Rs. 8485 crore. The equity and liabilities also stood at the same amount of Rs.11049 crore as against Rs. 8485 crore in the previous financial year. The net cash flow used in operating activities was Rs.(1383) crore as against Rs. (27) crore in the previous financial year and the net cash flow used in investing activities was Rs. (27) crore as against Rs. (2) crore in the previous financial year. The net cash flow generated from financial activities was Rs. 1436 crore as against Rs. 57 crore in the previous financial year. The net cash flow generated for FY22 was Rs. 25 crore as against Rs. 27 crore in the previous financial year. For the financial year ended March 31, 2022, the total investment of the company increased to Rs. 2118 crore as against Rs. 1317 crore in the previous financial year. Fincare Business Services Limited (formerly known as Fincare Business Services Private Limited) is a Non-Banking Financial Company. The Company was incorporated on 1 August 2014. The Company has converted itself from a private limited company to a public limited company with effect from 23 November 2016. The Company was incorporated primarily as a private company under the Companies Act,1956, to manage the capital requirement in associate companies and also provides the financial management and consultancy services. The Company has converted into a non-deposit accepting Non- Banking Financial Company - Core Investment Company (NBFC - CIC) with the Reserve Bank of India with effect from 2 February 2017.