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Future Capital net rises 19%

BS Reporter  |  Mumbai 

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has posted a 19 per cent increase in net profit, at Rs 26 crore, on a consolidated basis, in the quarter ended June 30, compared with the corresponding quarter last year.

Income from operations rose to Rs 207 crore, against Rs 163 crore a year ago. Its provisions sharply came down to Rs 77 lakh from Rs 17 crore, due to change in accounting policy related to provisioning of gold and consumer durable loans, the company said in a filing to Bombay Stock Exchange .

Future Capital net rises 19%

Future Capital has posted a 19 per cent increase in net profit, at Rs 26 crore, on a consolidated basis, in the quarter ended June 30, compared with the corresponding quarter last year.

has posted a 19 per cent increase in net profit, at Rs 26 crore, on a consolidated basis, in the quarter ended June 30, compared with the corresponding quarter last year.

Income from operations rose to Rs 207 crore, against Rs 163 crore a year ago. Its provisions sharply came down to Rs 77 lakh from Rs 17 crore, due to change in accounting policy related to provisioning of gold and consumer durable loans, the company said in a filing to Bombay Stock Exchange .

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