OTHER GROUP COMPANIES
market

Capri Global’s PAT jumps 10% QoQ at Rs46.10 crore in Q1FY23; stock adds ~2%

Despite a sequentially lower core income, a softer opex expansion and a QoQ halving of credit costs resulted in a higher PAT than in Q4FY22.

August 10, 2022 3:13 IST | India Infoline News Service
Capri Global Capital Limited, a non-deposit-taking and systemically important NBFC, announced its results for the quarter ended June 30, 2022.

CGCL reported a Consolidated Profit after Tax of Rs46.10 crore, flat on a y-o-y basis but up by 10% over Q4FY22 PAT of Rs41.80 crore.

Despite a sequentially lower core income, a softer opex expansion and a QoQ halving of credit costs resulted in a higher PAT than in Q4FY22.

Company’s Q1FY23 Net Interest Margin excluding spreads on co-lending AUM stood at 7.8%, lower than the 9% noted in Q4 FY22 and 8.3% in Q1 FY22.

Company’s Q1FY23 Consolidated RoE stood at 9.5% while RoA was reported at 2.5%.

Quarterly disbursals including Indirect Lending were Rs1,090 crore, up 91% yoy but lower by 27% sequentially. Consolidated AUM including co-lending AUM jumped 41% yoy and 5% over the last quarter.

Company’s Gross Stage 3 ratio was 2.7%, moving up by 32bps over the last quarter, but lower by 73 bps on a y-o-y basis.

At around 3.17 PM, Capri Global Capital was trading at Rs717 up by 2.27% from its previous closing of Rs701.10 on the BSE. The scrip touched intraday high and low of Rs718.30 and Rs702.55 respectively.

Invest wise with Expert advice

FEATURED ARTICLE

BLOGS

Open Demat Account

Invest wise with Expert advice

By continuing, I accept the Terms & Conditions and agree to receive updates on Whatsapp