Crest Ventures Reports Robust Q1 Results with 353% YoY Surge in Net Profit
Crest Ventures Limited (CVL) announced impressive Q1 financial results. Standalone net profit soared 353% to ₹2,210.30 crore, while total income reached ₹4,906.80 crore. Consolidated net profit stood at ₹2,595.26 crore with total income of ₹6,310.83 crore. EPS improved to ₹7.84. Key revenue drivers included interest income (₹3,472.46 crore), real estate services (₹1,803.10 crore), and financial services (₹706.31 crore). The company acquired Sutlej Housing Private Limited, received a ₹2,800 crore deposit refund, and maintained a healthy debt-equity ratio of 0.13.
28May 25
Crest Ventures Reports Q4 Net Profit Decline Amid Revenue Growth
Crest Ventures Limited announced its Q4 financial results, showing a 19.6% year-over-year revenue increase to ₹476.00 million. However, net profit declined by 24.4% to ₹77.00 million compared to the same quarter last year. The company's operating profit margin stood at 54.68%, while earnings per share increased by 16.97% to ₹5.10. Despite revenue growth, the profit decline suggests challenges in managing costs or other operational issues.
17Apr 25
Crest Ventures' Subsidiary Expands into GIFT City with New Entity
Crest Ventures Limited's subsidiary, Crest Finserv Limited, has incorporated a new entity named Crest Finserv Gift City IFSC Private Limited in GIFT City. The new entity, with INR 5.00 crore capital, will focus on 'Voice Broking' services. Necessary approvals were obtained from BSE, NSE, ICCL, and SEBI. Separately, shareholders approved two material related party transactions via postal ballot.
16Apr 25
Crest Ventures Expands into GIFT City with New Subsidiary, Shareholders Approve Key Transactions
Crest Ventures Limited (CVL) has incorporated a new subsidiary, Crest Finserv GIFT City IFSC Pvt Ltd, in GIFT City with ₹5.00 crore capital to provide 'Voice Broking' services. Additionally, CVL received overwhelming shareholder approval (99.998% votes in favor) for two material related party transactions via postal ballot.