The Board of Capital India Finance will meet on 24 December 2024 to consider a stock split and proposal for listing of shares on main board of National Stock Exchange. Powered by Capital Market - Live

Capital India Finance has received revision in credit ratings for bank facilities as under: Long term bank loan rating (Rs 775 crore) - Acuite A-; Rating watch with developing implications (revised from Acuite A-; Stable) Short term bank loan rating (Rs 25 crore) - Acuite A2+; Rating watch with developing implications (revised from Acuite A2+) Powered by Capital Market - Live

Net profit of Capital India Finance rose 2960.00% to Rs 3.06 crore in the quarter ended September 2024 as against Rs 0.10 crore during the previous quarter ended September 2023. Sales declined 6.20% to Rs 163.63 crore in the quarter ended September 2024 as against Rs 174.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales163.63174.45 -6 OPM %20.8616.74 - PBDT10.375.44 91 PBT2.45-2.52 LP NP3.060.10 2960 Powered by Capital Market - Live

Capital India Finance (CIFL) in its board meeting held earlier today, approved the sale of its entire stake in housing finance subsidiary Capital India Home Loans (CIHL) to Weaver Services, which is backed by prominent investors. Valued at Rs 267 crore for 100.00% equity of CIHL, this transaction is part of CIFL's strategic re-alignment to focus on its core businesses and grow them further. The transaction is subject to regulatory approval. CIFL is an MSME focused NBFC, spread across 49 cities in India, offering customized financial solutions which include Lending business and Forex services. CIFL has reported a revenue growth rate of 27.70% CAGR over the last 3-years period.Powered by Capital Market - Live

Niraj Cement Structurals Ltd, Archies Ltd, Summit Securities Ltd and Vraj Iron & Steel Ltd are among the other gainers in the BSE's 'B' group today, 10 September 2024.Capital India Finance Ltd surged 20.00% to Rs 142.5 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.82 lakh shares were traded on the counter so far as against the average daily volumes of 54045 shares in the past one month. Niraj Cement Structurals Ltd spiked 18.37% to Rs 63.6. The stock was the second biggest gainer in 'B' group. On the BSE, 5.89 lakh shares were traded on the counter so far as against the average daily volumes of 29101 shares in the past one month. Archies Ltd soared 14.90% to Rs 35.47. The stock was the third biggest gainer in 'B' group. On the BSE, 1.67 lakh shares were traded on the counter so far as against the average daily volumes of 36914 shares in the past one month. Summit Securities Ltd rose 14.22% to Rs 2772. The stock was the fourth biggest gainer in 'B' group. On the BSE, 5522 shares were traded on the counter so far as against the average daily volumes of 1221 shares in the past one month. Vraj Iron & Steel Ltd jumped 14.08% to Rs 241. The stock was the fifth biggest gainer in 'B' group. On the BSE, 3.31 lakh shares were traded on the counter so far as against the average daily volumes of 20703 shares in the past one month. Powered by Capital Market - Live

Capital India Finance announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

Net loss of Capital India Finance reported to Rs 1.61 crore in the quarter ended June 2024 as against net profit of Rs 10.44 crore during the previous quarter ended June 2023. Sales declined 9.35% to Rs 156.67 crore in the quarter ended June 2024 as against Rs 172.83 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales156.67172.83 -9 OPM %16.2116.64 - PBDT0.414.18 -90 PBT-7.51-3.13 -140 NP-1.6110.44 PL Powered by Capital Market - Live

Capital India Finance will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live