Repco Home Finance Ltd has posted an increase of 13.7 per cent in net profit at Rs 31.49 crore for the quarter ended March 31, 2014, as against Rs 27.70 crore posted for the same period of last fiscal year. The total income from operations stood at Rs 149.77 crore for the quarter, as compared to Rs 113.64 crore for the corresponding period of last fiscal year, an increase of 31.8%.
Loans sanctioned during the year ended March 31, 2014 was Rs 1,822.52 crore as compared to Rs 1,284.83 crore in the corresponding period of the previous year, a growth of 41.85%. Disbursement during the financial year ended March 31, 2014, was at Rs 1,715.26 crore as against Rs 1,167.41 crore during the corresponding period of the previous fiscal year, with a growth of 47 per cent.
Loans outstanding has increased from Rs 3,544.75 crore as at March 31, 2013, to Rs 4,661.86 crore as at March 31, 2014, registering a growth of 31.5%.
The gross Non Performing Assets (NPAs) of the company was at Rs 68.55 crore (1.47% of the total loans) as against Rs 52.54 crore (1.48% of the total loans) during the previous fiscal year.