Capillary Technologies Q1 Results: Revenue jumps to 2.56B rupees QoQ
Capillary Technologies reported Q1 revenue of 2.56 billion rupees, rising from 1.90 billion rupees in the previous quarter. Consolidated PBT improved to 250 million rupees from 175 million rupees QoQ, and EBITDA climbed to 460 million rupees from 381 million rupees QoQ. However, EBITDA margin contracted to 17.9% from 19.9% on a sequential basis, indicating cost growth outpaced revenue expansion during the quarter.
Capillary Technologies India Initiates Forensic Audit to Probe Suspected Fraudulent Banking Transactions
Capillary Technologies India has initiated a forensic audit to investigate suspected fraudulent banking transactions. The audit is being conducted by KPMG Assurance and Consulting Services LLP. The move reflects a formal corporate governance response to concerns over potential financial irregularities within the company's banking operations.