Capri Global Capital (CGCL) rallied 9.23% to Rs 201 after the NBFC's consolidated net profit surged 48.67% to Rs 96.98 crore on 34.98% increase in total income to Rs 752.81 crore in Q2 FY25 over Q2 FY24.
Profit before tax (PBT) in Q2 FY25 was at Rs 128.27 crore, registering a growth of 49.12% as against Rs 86.02 crore posted in Q2 FY24.Total expense jumped 32.41% year on year to Rs 624.54 crore during the quarter. Finance costs was at Rs 310.50 crore (up 58.54% YoY) while employee benefits expense stood at Rs 171.89 crore (up 18.29% YoY) during the period under review
CGCL is a diversified non-banking financial company (NBFC) with a presence primarily across two key verticals - MSME loans and home loans. Its focus on MSMEs, the growth drivers of the economy, cuts across restaurants, small manufacturing units, traders, private schools, and goes beyond.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content