India's Capri Global rises on sharp growth in Q3 profit

Capri Global Capital

24/01/2025 06:27

** Shares of non-banking finance co Capri Global Capital
 CAPG.NS  up ~10% to 199 rupees, set for biggest one day pct
gain in 3 months
    ** Co, which provides loans to small & medium businesses and
homeowners, reports 88% growth in consolidated profit y-o-y to
1.28 bln rupees ($14.83 million)
    ** Revenue from operations grows 35.56%, on higher interest
income from loans 
    ** With session's gains, stock narrows 12-month price
decline to ~15%


($1 = 86.2950 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))