Future Capital net rises 19%

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 4:33 AM IST

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.

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 .

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 31 2012 | 12:45 AM IST

Next Story