Kumbhat Financial Services Reports 93% Drop in Q1 Net Profit
Kumbhat Financial Services Limited announced Q1 results with a 93% decline in net profit to ₹11.39 lakh, despite a 16.6% increase in revenue to ₹146.20 lakh. Interest income rose by 17.4% to ₹139.65 lakh. Total expenses surged to ₹134.16 lakh from negative ₹65.49 lakh last year. EPS decreased to ₹0.21 from ₹3.45. The Board approved these unaudited results on August 11.