ALPHA TRIBE

Can Fin Homes LimitedImportant, 21-01-2025: Updates

21-01-2025 | 12:54 pm

Loan Book has reached ₹37,155 Cr, reflecting a 9% year-on-year growth. Key financial performance metrics include Net Interest Income (NII) of ₹345 Cr, Profit Before Tax (PBT) of ₹269 Cr, and Profit After Tax (PAT) of ₹212 Cr, translating to Earnings Per Share (EPS) of ₹15.93. The company maintains a healthy Gross NPA ratio of 0.92%, with a Net NPA ratio of 0.49%, indicating stable asset quality.

The company's strategic initiatives include enhancing sourcing channels and leveraging technology to improve customer service. A focus on growth is evident with a client base of 2.73 lakh and a robust loan portfolio comprising 87% housing loans. The operational efficiency is marked by a Cost to Income Ratio of 16.92%, signifying effective cost management. Investors may observe positive momentum, given consistent performance and a commitment to ethical governance, positioning Can Fin Homes for continued growth opportunities in the housing finance sector.

No comments yet. Be the first to comment!

All announcements from Can Fin Homes Limited