Kishore Biyani-promoted Future Capital Holding today reported an over three-fold jump in net profit to Rs 14.43 crore for the quarter ended December 31, 2010.
The company had registered a net profit of Rs 3.94 crore in the third quarter of the previous fiscal, the company said in a statement.
Total income of the NBFC rose to Rs 55.57 crore during the October-December quarter, compared to Rs 11.95 crore in the same period last fiscal.
The company, which has a net-worth of Rs 754 crore, also said its loan book grew by 60% during the December quarter.
For the nine-month period from April to December, 2010, Future Capital posted a 7% jump in net profit to Rs 31 crore.
Future Capital Holdings is in the business of providing financial services to wholesale and consumer-oriented businesses.
