Repco Home Finance Limited — Updates, 12-02-2025: Press Release

Repco Home Finance Limited reported its financial results for the quarter and nine months ended December 31, 2024.

Loan sanctions decreased to Rs. 806 crore in Q3 FY25, down from Rs. 926 crore in the previous quarter, while disbursements also fell to Rs. 761 crore compared to Rs. 867 crore in Q2 FY25. Total income increased by 4% to Rs. 445 crore, with net interest income rising 7% to Rs. 188 crore. Net profit for the quarter was Rs. 107 crore, slightly down from Rs. 113 crore in Q2 FY25. The loan spread remained robust at 3.7%.

Year-over-year comparisons show loan sanctions grew 4% from Rs. 777 crore, and disbursements increased marginally from Rs. 759 crore in Q3 FY24. Total income saw a substantial 13% rise from Rs. 393 crore, and net profit improved by 7% from Rs. 99 crore. The overall loan book expanded by 7% year on year, reaching Rs. 14,155 crore.

The company's capital adequacy ratio stood strong at 32.52%, significantly above the regulatory minimum, while gross and net non-performing assets showed improvement, dropping to 3.86% and 1.51%, respectively. With a robust distribution network of 186 branches across multiple states, the company is well-positioned for continued growth. Potential growth is supported by the healthy loan portfolio.