Future Capital Holdings reports 65% growth in its consolidated Q1 net profit

Future Capital Holdings reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 has increased by 61.50% at Rs 18.46 crore as compared to Rs 11.43 crore for the corresponding quarter last year. Its total income has grown by 359.40% at Rs 149.12 crore for the quarter under review from Rs 32.45 crore for the same quarter last year.

On consolidated basis the company reported a 65% growth in net profit to Rs 21.86 crore in the quarter ended June 30, 2011, compared to Rs 13.22 crore for the same period last fiscal. Total income increased by 149.97% at Rs 162.98 crore for the quarter ended June 2011 against Rs 65.20 crore for the same period last fiscal.