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.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets