Kshatriya Holdings PLC, the diversified business group with interests in financial services, dairy products, and property development, has reported healthy revenue and profit growth at a consolidated level in the first half of 2009-10.

The Group, which includes First Capital Holdings PLC and Kotmale Holdings PLC has posted a profit after tax of Rs 202.6 million in the six months ending 30th September 2009, a noteworthy recovery from a loss of Rs 278 million in the corresponding period of last year.

Consolidated profit before tax at Rs 587 million reflected a 343 per cent growth over a loss of Rs 241.7 million for the first half of 2008-09, while revenue grew 21 per cent to Rs 1966 million in the review period, according to figures released to the Colombo Stock Exchange this week. Profit attributable to equity holders of the parent company improved to Rs 68 million from a loss of Rs 278.5 million a year earlier.