- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Sammaan Capital Limited (formerly Indiabulls Housing Finance Limited) has announced a board meeting focused on the unaudited interim condensed consolidated and standalone financial statements for the nine months ended December 31, 2024. The company's total financial assets stood at ₹64,494.06 crore, slightly up from ₹63,155.61 crore as of March 31, 2024. However, total liabilities decreased to ₹45,526.45 crore from ₹47,437.28 crore during the same period.
The company reported a profit before tax of ₹868.99 crore, with total income reaching ₹5,765.98 crore. The impairment on financial instruments for the period was ₹678.14 crore. Other comprehensive income totaled ₹174.22 crore, contributing to a total comprehensive income of ₹823.26 crore for the period. Earnings per share (EPS) for the period was reported at ₹9.97, compared to ₹13.96 for the same period last year.
Overall, the company's solid financial performance reflects a positive outlook, particularly as it continues to navigate its recent name change and operational focus. Key developments include an increase in share capital following a qualified institutional placement and ongoing legal matters regarding its name similarity with another entity. Keep an eye on upcoming developments as the company consolidates its market position.