Northern Arc Capital reported a robust 33% jump in its Q3 net profit, reflecting the company’s resilient credit portfolio and strategic growth initiatives. The non-banking financial company (NBFC) benefited from an uptick in lending activity, efficient risk management, and diversified revenue streams. Analysts note that the firm’s focus on rural and semi-urban credit markets, combined with disciplined underwriting practices, has bolstered profitability despite macroeconomic headwinds.
