Business Standard

Gruh Finance gains after reporting good Q1 results

Image

Capital Market

Gruh Finance rose 0.47% to Rs 254.85 at 14:30 IST on BSE after net profit rose 20.04% to Rs 50.31 crore on 21.84% rise in total income to Rs 294.39 crore in Q1 June 2015 over Q1 June 2014.

The company announced Q1 results during market hours today, 10 July 2015.

Meanwhile, the S&P BSE Sensex was up 10.64 points or 0.04% at 27,584.30.

On BSE, so far 1.78 lakh shares were traded in the counter as against average daily volume of 60,357 shares in the past one quarter.

The mid-cap home loan services provider hit high of Rs 265 and a low of Rs 253.70 so far during the day. The stock hit a record high of Rs 317 on 16 January 2015. The stock hit a 52-week low of Rs 183 on 16 October 2014.

 

Gruh Finance's loan assets rose 26% to Rs 9329 crore as at 30 June 2015. The aggregate non performing assets (NPAs) of the company are 0.52% of the loan assets as on 30 June 2015 as against 0.44% of the loan assets as on 30 June 2014. The net NPAs of the company are 0.15% of the loan assets as against 0.04% of the loan assets as on 30 June 2014.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 10 2015 | 2:20 PM IST

Explore News