New Delhi, May 24 -- The non-deposit taking NBFC, Capri Global Capital Ltd. (CGCL) saw a growth of 54 per cent which was balanced driven by MSME, Affordable Housing, and Construction Finance segments, as per the audited financial results for the quarter and year ended March 31, 2022.
The Board of Directors of Capri Global Capital Ltd. (CGCL) released the report last week which stated that quarterly disbursements crossed the Rs 10 billion mark for the first time and stood at Rs 1,040.60 crore as compared to Rs 928.70 crore in Q4FY21, up by 12 per cent YoY.
One-off elevated credit cost driven by write-offs as well as proactive provisioning caused the sequential dent in quarterly profit.
However, the core earnings performance was robust ...