NBFC Northern Arc Capital on Friday reported an virtually flat consolidated web profit at ₹76 crore within the third quarter ended December 2024.
The lender had earned a web profit of ₹75 crore in the identical quarter a 12 months in the past.
The full earnings on a consolidated foundation elevated to ₹581 crore through the quarter beneath assessment in opposition to ₹497 crore in the identical quarter final 12 months, Northern Arc Capital Ltd mentioned in a regulatory submitting.
- Additionally learn: Northern Arc inventory ends 6.4% increased on Q2 outcomes
Throughout the quarter, the web curiosity earnings rose 10 per cent to 267 crore.
On the asset high quality entrance, the gross non-performing belongings (NPAs) ratio stood at 0.9 per cent whereas web NPA stood at 0.37 per cent as of December 31, 2024.
The capital adequacy ratio stood at 26.1 per cent on December 31, 2024.
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