CanFin Homes net grows 36% to Rs 75 cr in Q2

Updated: Tue, Oct 24, 2017
03:19 pm
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands

CanFin Homes, the housing finance arm of public lender Canara Bank, today reported 36.3 per cent rise of in net profit to Rs 75 crore for the second quarter ended September 30, 2017-18.

Its net profit during the July-September quarter of 2016 -17 stood at Rs 55 crore.

The firm's total income from operations rose to Rs 383.85 crore from Rs 332.31 crore in the year-ago period, CanFin Homes said in a regulatory filing.

CanFin Homes is mainly engaged in providing loans for the purchase and construction of residential houses.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.