- On Tuesday, IndoStar Capital Finance announced a 31% increase in net profit for the three months ended in September 2022, coming in at Rs 51.6 crore.
- In the same period last year, the non-banking financial company reported a net profit of Rs 39.5 crore.
- However, the profit was 15% lower than the previous quarter’s level of Rs 60.9 crore, which ended in June 2022.Net revenues increased slightly by 3% to Rs 149 crore during the July-September quarter of 2022–23 from Rs 144.8 crore during the same period of 2021–22, according to a release from IndoStar.
