Northern Arc Capital Ltd.'s net profit fell 10.8% to Rs 73.2 crore for the quarter ended Dec. 31, 2024, of the current fiscal 2025 as compared to Rs 82.1 crore for the same period last year.
The company's revenue surged to Rs 576 crore, representing a 17% rise for the third quarter as against Rs 492 crore for the year ago period.
The financial service provider's earnings before interest, tax, depreciation and amortisation soared to Rs 309 crore, denoting a 5.8% rise from Rs 293 crore for the same quarter of the corresponding year.
Margin contracted to 53.7% for the October-December quarter from 59.4% for the same period in the previous fiscal.
Northern Arc Q3 FY25 Highlights (Consolidated YoY)
Net profit down 10.8% at Rs 73.2 crore versus Rs 82.1 crore.
Revenue up 17% at Rs 576 crore versus Rs 492 crore.
Ebitda up 5.8% at Rs 309 crore versus Rs 293 crore.
Margin at 53.7% versus 59.4%.
Shares of Northern Arc Capital closed 3.30% lower at Rs 174.75 apiece on the NSE, compared to a 0.44% fall in the benchmark Nifty 50. The stock has fallen by 45.96% in the last 12 months.
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