Reliance Home Finance today said its profit before tax rose 50 per cent to Rs 45 crore for the June quarter of the current fiscal.
The company's profit before tax in the corresponding quarter of the previous fiscal stood at Rs 30 crore.
Total income for the quarter rose by 58 per cent to Rs 374 crore, it said in a release.
The 100 per cent fully-owned subsidiary of Reliance Capital said it is on track to be independently listed on stock exchanges within the next few months.
"We expect robust growth in loan book...Driven by affordable housing and loan against property segments. We will further strengthen our distribution capabilities through presence in more than 100 locations," said Ravindra Sudhalkar, ED and CEO, Reliance Home Finance.
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