Can Fin Homes zooms over 11% on strong quarterly results

Internet Desk | Updated on June 16, 2020

Can Fin Homes reported on Tuesday a 35 per cent growth in its net interest income for the March quarter to Rs 186 crore. Net profit too saw an increase of 36 per cent from the preceding year to Rs 91 crore.

Asset quality remained mostly steady at 0.76 per cent as compared to 0.8 per cent in the previous quarter.

It had reported a loan book growth of 13 per cent while net interest margin rose to 3.52 per cent from 3.29 per cent.

The shares zoomed over 11 per cent and presently trading 8.37 per cent higher at Rs 328.90.

Published on June 16, 2020

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