Mumbai, India – Capri Global Capital Ltd. (CGCL) saw its shares climb by 3% in Wednesday's trading session after the non-banking financial company (NBFC) reported strong financial results for the second quarter of fiscal year 2027. The company's consolidated net profit surged by an impressive 77% year-on-year (YoY), reaching Rs 418 crore for the quarter ended September 30, 2026.
The positive financial performance also included a substantial 59% YoY increase in revenue from operations, which totaled Rs 1,786 crore in Q2 FY27, up from Rs 1,122 crore in the corresponding period last year. Profit before tax (PBT) also saw a significant jump, rising to Rs 557 crore from Rs 314 crore.
Key Financial Highlights for Q2 FY27
- Consolidated Net Profit: Rs 418 crore (up 77% YoY)
- Revenue from Operations: Rs 1,786 crore (up 59% YoY)
- Profit Before Tax (PBT): Rs 557 crore (up 77% YoY)
Interest income, which forms the largest component of Capri Global Capital's revenue, increased to Rs 1,465 crore in Q2 FY27, compared to Rs 885 crore a year prior. Fee and commission income also contributed significantly, rising to Rs 212 crore from Rs 142 crore. Net gains on fair value changes improved to Rs 21 crore from Rs 5 crore, although gains on derecognition of financial instruments saw a slight decline.
Expense Management and Half-Year Performance
Despite an increase in total expenses, which rose to Rs 1,231 crore from Rs 810 crore in the year-ago quarter, the company's strong revenue growth outpaced the rise in costs, contributing to the healthy profit margins. Finance costs increased to Rs 652 crore from Rs 406 crore, and impairment on financial instruments rose to Rs 79 crore from Rs 31 crore.
For the first half of FY27 (H1 FY27), Capri Global Capital continued its robust performance. Consolidated revenue from operations for H1 FY27 stood at Rs 3,362 crore, up from Rs 2,123 crore in H1 FY26. Net profit for the half-year period grew to Rs 772 crore from Rs 411 crore, and PBT increased to Rs 1,027 crore from Rs 544 crore. Earnings per share (EPS) for H1 FY27 were reported at Rs 8.02, compared to Rs 4.53 a year earlier.
As of September 30, 2026, the company's consolidated balance sheet showed loans totaling Rs 34,079 crore, an increase from Rs 28,150 crore as of March 31, 2026. Cash and cash equivalents also rose to Rs 2,787 crore from Rs 2,082 crore over the same period. The company's board approved these unaudited financial results on October 27, with joint statutory auditors issuing an unmodified conclusion.