Repco Home Finance Q1 profit up 57%

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Wednesday, August 07, 2013
Published On: 23:08:44 PM

Repco Home Finance has reported a rise of 57 per cent in its net profit at Rs. 22.31 crore in the first quarter ended June 30, 2013, against Rs. 14.19 crore in the same period in the previous year.

Total income has risen by 33 per cent to Rs. 119.21 crore from Rs. 89.62 crore. Loan disbursements during the first quarter have risen to Rs. 334 crore from Rs. 184 crore in the year-ago period. Outstanding loans registered a rise of 29 per cent to Rs. 3,747 crore. The net NPAs stood at 1.52 per cent against 1.59 per cent in the year-ago period.

Courtesy : The Hindu

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