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Capital Trust Ltd Q1FY24; 75% fall in Profits

Capital Trust Limited (CTL), incorporated in 1985, is a Non-Banking Finance Company (NBFC-SI) which is registered with the RBI. The Co. is engaged in the business of Microfinance and Small Enterprise loans. It is promoted by Mr K R. Puri (former Governor, RBI), Mr R.K. Kaul (former Deputy Governor, RBI) and Justice H. S. Beg (former Chief Justice of India).

Financial Results:

Capital Trust Ltd reported Revenues for Q1FY24 of ₹17.54 Crores down from ₹24.62 Crore year on year, a fall of 28.76%.

Total Expenses for Q1FY24 of ₹17.08 Crores down from ₹22.12 Crores year on year, a fall of 22.78%.

Consolidated Net Profit of ₹0.48 Crores down 74.6% from ₹1.89 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.29, down 75.00% from ₹1.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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