Business Standard

Wednesday, December 25, 2024 | 01:41 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Reliance Home Finance Q3 profit up 38% at Rs 55 cr, stock down 6%

Shares of the company were trading at Rs 24.70

housing loan
Premium

DHFL plans to raise ~2,000 crore by March 2019 to meet its short-term liabilities

BS Reporter Mumbai
Reliance Home Finance, the housing finance arm of Reliance Capital, reported a net profit of Rs 55 crore in the quarter ended December 2018. 

Profits were up 37.5 per cent in the third quarter of 2018-19 over the same period last fiscal.

In Q3 of FY 19, the total income of the company stood at Rs 516 crore, up 21.69 per cent, compared to Rs 424 crore in the same period last year. The company's assets under management grew 24 per cent to Rs 18, 288 crore.

Gross non-performing assets of the company stood at 0.9 per cent till the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in