SRG Housing Finance Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
05-11-2024 · 02:59 pm
SRG Housing Finance Limited reported a 26% increase in its loan book, reaching INR 651 crore for Q2 FY25, with profit before tax rising to INR 8.33 crores. The company opened 23 new branches, totaling 85, and achieved a net interest income of INR 17.74 crore. Gross NPA decreased to 1.96%. Future plans include a target of INR 350 crore in disbursements for FY25, supported by raising INR 50 crore in funds to accelerate branch expansion and strengthen operations.
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