Repco Dwelling Finance Ltd., promoted by Repco Financial institution, posted a 51% improve in standalone internet revenue for the quarter ended September 2019 to ₹100.6 crore.
Working revenue grew 14% to ₹331.69 crore and internet curiosity revenue by 4.3% to ₹123.7 crore. Internet curiosity margin was at 4.3%.
Total mortgage e-book rose 11% to ₹11,495.9 crore. Gross non-performing belongings rose to 4.2% from 3.6% from yr earlier. The financial institution made provisions of ₹162.5 crore on whole mortgage belongings. “[There was] robust expansion in profitability even amid growing concerns of slowing consumption, risk aversion and dampened consumer sentiment,” stated Yashpal Gupta, MD & CEO, Repco Dwelling Finance.