CANFINHOMECan Fin Homes

Can Fin Homes' half-year profit rises 14% to ₹543 crore; loan assets at ₹43,539 crore

Can Fin Homes reported net profit of ₹274.60 crore for the September quarter, against ₹251.40 crore a year earlier, and ₹543 crore for the half year.

Price, Friday's close₹718.15▼ 0.77%
Last 5 days
52-week low ₹700.0052-week high ₹971.50
Sector
Financial services

What happened

  • Net profit for the September quarter was ₹274.60 crore, up from ₹251.40 crore in the same quarter last year, according to Sahi.
  • Half-year net profit was ₹543 crore, up 14% on the year.
  • Loan assets stood at ₹43,539 crore on 30 September. Disbursements in the half year were ₹4,982 crore, up 9%.
  • ScanX's round-up gave gross NPA of 0.90% and a capital adequacy ratio of 23.34%.
  • The shares closed at ₹718.15 on Friday, down 0.77%.

Why it matters

Good to know: Capital adequacy ratio is a lender's capital as a share of its risk-weighted assets. Regulators set a minimum, and a higher figure means a thicker cushion.

Key facts

Q2 net profit
₹274.60 crore (₹251.40 crore a year earlier)
H1 net profit
₹543 crore (+14%)
Loan assets
₹43,539 crore
Gross NPA
0.90%

Read the source

This is a summary of public news about Can Fin Homes, for information only. It is not a recommendation to buy, sell or hold CANFINHOME.

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