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Expect profit growth to be higher than loan book growth, says Capital First

Updated : May 07, 2018 01:14 PM IST

“Our profit after tax has been compounding at about 39-40% for the last five years, which is basically faster than the growth of the loan book of 25%. So, we believe that trend should continue with coming year as well, which means, profit should outpace the growth of the loan book of 25%," said V Vaidyanathan, Executive Chairman, Capital First.

“We feel extremely comfortable guiding for 25% growth on the loan book,” he said.

Capital First posted a healthy set of earnings in Q4 but higher provisions remain. Gross non-performing assets (NPA) too increased marginally.

 

 
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