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Corporate Results - Financial Services
Future Capital Holdings Q3 net at Rs 6.25 cr

Our Bureau

Mumbai, Jan. 22 Future Capital reported a standalone net profit of Rs 6.25 crore for the quarter ended December 31, 2008 against a loss of Rs 11.08 crore in the corresponding year ago quarter. This was on account of a 460 per cent surge in their total income during this period.

The total income for the third quarter of the current fiscal rose to Rs 37.91 crore from Rs 6.75 crore. The company’s revenue from investment advisory advice jumped to Rs 3.39 crore from Rs 1.26 crore, treasury and wholesale credit revenues rose from Rs 4.68 crore to Rs 14.51 crore and income from retail financial services surged to Rs 20.01 crore from Rs 0.79 crore.

The share price of Future Capital rose marginally on Thursday by 0.54 per cent to Rs 147.45 on the BSE.

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