iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Repco Home Finance spurts after Q1 PAT jumps 93% YoY

16 Aug 2022 , 12:17 PM

On a standalone basis, profit before tax (PBT) jumped 92.4% year-on-year to Rs 84.10 crore in Q1 June 2022. Net interest income stood at Rs 137 crore and margin at 4.6%. Loans sanctions stood at Rs. 690.9 crore, registering a strong growth of 236%. Loan disbursements stood at Rs. 642.2 crore, registering a growth of 168%. Interest spread stood at 3.3%. The overall loan book stood at Rs 11,861.9 crore at the end of June 2022. Loans to the self-employed segment accounted for 51.2% of the outstanding loan book, and loans against property product accounted for 19.4% of the same. The gross NPA stood at Rs 763.2 crore as on 30 June 2022. The gross non-performing assets (NPA) ratio stood at about 6.4% of the loan assets as on 30 June 2022. The net NPA ratio stood at about 4.2%. As required under IND AS, the company has carried provisions for expected credit losses to the tune of Rs 475 crore or 4.0% of total loan assets. In addition, the company has created a contingency provision of Rs 20 crore. This is over and above the total ECL provisions mentioned above. The total capital adequacy ratio stood provisionally at 34.2%, comprising of Tier-1 capital of 33.2% and Tier-2 capital of 1.0%. The minimum capital adequacy ratio prescribed by the National Housing Bank is 15.0%. As at 30 June 2022, Repco Home Finance had a total network of 158 branches and 22 satellite centers spread across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Kerala, Maharashtra, Odisha, Gujarat, West Bengal, Madhya Pradesh, Jharkhand, Rajasthan, and the Union Territory of Puducherry. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.