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**Financial Highlights:** Repco Home Finance reported total income of ₹4,280 crore for the quarter, up 11% year-on-year, supported by a 9% increase in net profit to ₹1,125 crore. Interest expenses rose 15%, totaling ₹2,396 crore, reflecting heightened borrowing costs. The net interest margin held steady at 5.1%, and the return on equity was 16.0%.
**Strategic Initiatives and Growth Drivers:** The company focuses on expanding its geographic footprint, now present in 12 states and 1 Union Territory with a total of 184 branches. Effective management of asset quality is evident, with GNPA at 3.96%.
**Business Developments:** The company's loan book increased to ₹139,644 crore, with sanctions reaching ₹9,264 crore for the quarter, an 8% year-on-year increase. Disbursements also rose by 9% to ₹8,672 crore.
**Market Position and Competitive Advantage:** Repco's strong presence in southern India remains a key strength, while diversified offerings and steady growth reflect its competitive edge in the housing finance sector.
**Investor Implications:** The continued growth in income and profits, alongside effective cost management, suggests a favorable outlook. Investors should watch closely for strategic expansions and any adjustments in the economic landscape that could impact performance.