Capri Global Capital reports Rs 175 crore net profit despite rise in bad loan provisions

3 hours ago 1

ET BureauLast Updated: Aug 05, 2025, 05:50:00 AM IST

Synopsis

Capri Global Capital witnessed a significant surge in net profit, more than doubling to ₹175 crore year-on-year. However, the profit experienced a slight dip of 2% compared to the previous quarter. This decline was attributed to a substantial increase in provisions for bad loans, with loan impairment costs rising significantly due to an increase in NPAs.

Mumbai: NBFC Capri Global Capital's net profit more than doubled on year to ₹175 crore but declined by 2% versus the quarter ended March 2025 due to a rise in provisions for bad loans.

Loan impairment costs increased four times to ₹815 crore from ₹185 crore in the quarter ended March 2025 due to a rise in NPAs. Loans due for more than 90 days increased to 1.7% of the loan book from 1.5% at the end of March 2025.

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