DAM Capital Q3 Results: Merchant Banking revenue more than doubles
Fri, Jan 24, 2025 4:47 PM

DAM Capital Q3 Results: Merchant Banking revenue more than doubles

A Flip by Swapnil Tiwari
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Newly listed DAM Capital Ltd. reported its December quarter results after market hours on Friday, January 24, a day when the stock closed below its IPO price of ₹283 per share. The company's total income during the quarter went up by 132% to ₹104 crore from ₹45 crore last year. Net profit for the period also went up by nearly 2.5x to ₹52 crore from ₹21 crore in the year-ago period.

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