Capri Global Capital Q4 net profit rises 115% to ₹178 crore, dividend announced

Capri Global Capital, a diversified non-banking financial company (NBFC), reported a 115.39% jump in its consolidated profit after tax (PAT) to ₹177.7 crore in the fourth quarter of the financial year 2024-25 on Monday, May 5.

The company had reported a net profit of ₹82.5 crore in the year-ago period.

Revenue from operations increased 48.52% to ₹739.2 crore in the March FY25 quarter, compared to ₹497.7 crore in the corresponding period of the previous fiscal year.

The company's board also recommended a final dividend of ₹20 paise per share for the financial year ended March 31, 2025. The dividend is subject to approval at the ensuing annual general meeting.

The company reported a 115.39% increase in its consolidated net profit to ₹177.7 crore, compared to ₹82.5 crore in the year-ago period.

Additionally, Capri Global Capital's board also considered and approved an increase in the aggregate borrowing limit from ₹15,000 crore to ₹25,000 crore.

"This may include fundraising by way of issue of non-convertible debentures and other modes of borrowings to be made from time to time in one or more tranches as may be required. The increase in aggregate borrowing limits would be subject to approval of the shareholders of the company at the ensuing AGM," Capri Global Capital said in an exchange filing.

Capri Global Capital share price

The stock settled 3.52% higher at ₹169.2 apiece on the National Stock Exchange.

Last month, the company announced that its subsidiary, Capri Loans Car Platform Pvt Ltd, joined hands with the Confederation of Indian Industry, or CII, to drive skill development and employment opportunities.