Money & Banking

Repco Home Finance net up

Our Bureau Chennai | Updated on October 28, 2013 Published on October 28, 2013

Repco Home Finance Ltd has closed the second quarter ended September 30 with a net profit of Rs 29 crore against Rs 21.4 crore last year, registering a growth of 36 per cent.

Total net interest income increased to Rs 47 crore (Rs 30 crore). For the half year , it earned a net profit of Rs 51.47 crore (Rs 35.61 crore), an increase of 45 per cent.

The income from operations was at Rs 248 crore (Rs 189 crore). The company sanctioned loans worth Rs 844 crore during the half year period against Rs 567 crore in the same period last year, disbursements stood at Rs 760 crore, compared with Rs 496 crore previously.

The gross NPA of the company stood at 1.67 per cent as at the end of September 2013 as compared with 2.12 per cent last year. Net NPA was at Rs 0.92 per cent (1.59 per cent).

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Published on October 28, 2013
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