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The company experienced a 14.13% growth in revenue from operations, reaching ₹1,293.99 Crore, up from ₹1,133.75 Crore during the corresponding quarter in the previous fiscal year.
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This included an initial £25 million investment designated as growth capital for Faradion.
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Cumulative demand for FY25 until September 30, 2024, showed a robust growth of 5% compared to the first half of FY24.
The IPO consists of fresh shares worth up to ₹1,250 Crore, while the promoter, Goswami Infratech Pvt Ltd, is offering shares valued at ₹4,180 Crore in the OFS.
Revenue for CONCOR rose to ₹2,287.7 Crore, benefiting from heightened logistics demand during the period.
In terms of asset quality, Northern Arc Capital reported a gross non-performing assets (NPAs) ratio of 0.60%, with a net NPA ratio of 0.18% as of September 30, 2024.

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