Capri Global posts robust Q2 results

The shares of Capri Global rose 7 per cent intra-day post the announcement of the robust quarterly results.

The company’s consolidated total income for Q2FY19 came in at Rs. 134.94 crore, up by 40.21 per cent and the Q2FY19 consolidated net profit was at Rs. 24.53 crore up by 20.30 per cent. The consolidated net profit was up 88.21 per cent at Rs 51.58 crore. The company's book value increased to Rs. 74.34 (face value of Rs. 2) Q2FY19 consolidated net NPA stood at 0.93 per cent.

Capri Global Capital Limited is a non-deposit taking, non-banking finance company. The company is engaged in funding and provision of financial services, except insurance and pension funding activities. It is engaged in lending to micro, small and medium enterprises (MSME), as well as corporate clients.

On Friday, the shares of the company opened at Rs. 127 per share against Thursday’s close of Rs. 117.05 and closed at Rs.125.70, up by 7.39 per cent, on the BSE. The intraday high was Rs. 126.50 and intraday low was Rs.106 per share. Its 52-week high was Rs 132.80 and 52-week low was Rs. 72.60 per share on the BSE. BSE Sensex closed at 35,457.16 level, up by 0.56 per cent.