Scintilla Commercial & Credit Reports 169% Surge in Q1 Net Profit
Scintilla Commercial & Credit Ltd, a Kolkata-based investment and finance company, reported a significant improvement in its Q1 financial performance. Net profit increased by 169% to Rs 3.71 crore, while total comprehensive income rose to Rs 13.29 crore from Rs 1.38 crore year-over-year. Revenue from operations slightly increased to Rs 15.97 crore. Total expenses decreased by 24.7% to Rs 12.23 crore. Earnings per share improved to Rs 0.04 from Rs 0.01 in the previous year's quarter.