Capital Trust Limited Reports ₹8.3 Crore Loss in Q1 Amid Market Challenges
Capital Trust Limited (CTL), an NBFC focused on MSME lending in rural India, reported a loss after tax of ₹8.3 crores for Q1. Total income decreased by 40% QoQ to ₹12.6 crores, while total assets under management (AUM) fell 13% QoQ to ₹167 crores. The company's on-book portfolio decreased by 17% to ₹73.7 crores, and the off-book portfolio declined by 9% to ₹92.8 crores. Gross NPA stood at 9.1% and Net NPA at 3.7%. CTL attributed the contraction to portfolio run-off and reduced disbursements in response to stress in the microfinance and deep rural market sectors.
14Aug 25
Capital Trust Reports Q1 Loss Amid Cautious Lending Approach
Capital Trust Limited, an NBFC, reported a net loss of Rs 832.34 lakhs for Q1 FY2024, compared to a profit of Rs 73.36 lakhs in Q1 FY2023. Total income decreased by 48.9% to Rs 1,263.57 lakhs. The company adopted a cautious lending approach due to collection challenges in the unsecured lending sector. Other expenses included a Rs 265.12 lakhs interest waiver. Despite challenges, the company transferred loans worth Rs 525.86 lakhs through direct assignment. A recent rights issue was unsuccessful.
04Jul 25
Capital Trust Expands FMCG Distribution Capabilities Through Partnership with CBV Ventures
Capital Trust, a financial services company, has formed a strategic partnership with CBV Ventures to enhance its Fast-Moving Consumer Goods (FMCG) distribution capabilities. This collaboration aims to strengthen Capital Trust's position in the FMCG distribution sector, potentially expanding its market reach and creating new growth opportunities. The partnership signals Capital Trust's intention to diversify its business operations, leveraging the high turnover and consistent demand characteristic of the FMCG sector.