NPR Finance Reports Lower Revenue but Maintains Profitability in Latest Quarter
NPR Finance Ltd., a Kolkata-based NBFC, reported a 93.13% year-over-year decline in total income to ₹12.55 crore for the quarter. Despite the revenue drop, the company remained profitable with a net profit of ₹14.42 crore, down 35.85% from the previous year. The company improved from a loss of ₹8.80 crore in the previous quarter to a profit, indicating effective cost management. NPR Finance plans to cautiously expand its financing activities and has made changes to its board of directors.