Capital First Q2 PAT zooms over three-fold to Rs 1 bn, core income up 49%

Net interest income grew 55% to Rs 6.15 billion at the end of Q2 FY2019, contributing significantly to the high growth in the company's core income

Capital First has reported a net profit growth of 246 per cent to Rs 1.04 billion at the end of the second quarter of fiscal 2019 from Rs 302 million in the corresponding quarter of the previous fiscal year. 

The company's core income, which is the summation of net interest income and fee income, was up 49 per cent from Rs 4.67 billion in Q2 FY2018 to Rs 6.95 billion at the end of Q2 FY2019. 

Net interest income grew 55 per cent over the past year from Rs 3.98 billion in Q2 FY2018 to Rs 6.15 billion at the end of