Nahar Capital Reports Q1 Results, Announces 20th AGM and Dividend
Nahar Capital & Financial Services reported Q1 FY24 results with consolidated net profit of ₹1,148.12 lakhs and total income of ₹1,480.65 lakhs. The company's Investment/Financial Activity segment generated ₹1,407.62 lakhs, while Real Estate Activity contributed ₹73.03 lakhs. The 20th AGM is scheduled for September 25 via video conferencing. A dividend of ₹1.50 per equity share has been proposed, subject to shareholder approval. The company operates with two associate companies: Nahar Spinning Mills Limited and Nahar Poly Films Limited.
23Jul 25
ICRA Reaffirms A1+ Credit Rating for Nahar Capital's Rs 25 Crore Commercial Paper Programme
ICRA Limited has reaffirmed the [ICRA] A1+ credit rating for Nahar Capital & Financial Services' proposed Short Term Debt/Commercial Paper Programme of Rs. 25 crores. The A1+ rating, the highest for short-term instruments, indicates very strong safety for timely payment of financial obligations. Nahar Capital's Board of Directors is scheduled to meet on 31st July, 2025, to approve the Q1 FY2026 financial results. The company's trading window is closed from 1st July, 2025, until 48 hours after the results declaration.