Repco Home Finance Limited announced its quarterly results on September 4, 2020. Consolidated total income grew by 4.1% yoy to Rs341.92cr in Q1FY21 from Rs328.44cr in Q1FY20.
Net interest income (NII) stood at Rs127.31cr in Q1FY21, which witnessed a growth of 0.5% yoy, as against Rs126.66cr it reported in Q1FY20. Operating profit for Q1FY21 stood at Rs85.86cr which decreased by 10.6% yoy as against Rs95.99cr in Q1FY20.
Consolidated profit after tax (PAT) stood at Rs69.5cr for the quarter ending June 2020. It grew by 3.1% yoy, as compared to Rs 67.4cr it had reported in Q1FY20.
Stage 3 assets of the company stood at 4.0% of the loan assets as at the end of June 2020 as compared to 4.2% as at the end of June 2019. Stage 3 coverage ratio stood at 41% at the end of June 2020 as compared to 31% in the previous year same quarter. The capital adequacy ratio stood provisionally at 26.2% comprising entirely of Tier-1 capital. The minimum capital adequacy ratio prescribed by the National Housing Bank is 12.0%.
The share of company closed at Rs173 with gains of 1.47% in today’s session on BSE.
|
Particulars |
Q1FY21 (Rs in cr) |
Q1FY20 (Rs in cr) |
%Change |
|
Net interest income |
127.31 |
126.66 |
0.5 |
|
Operating profit |
85.86 |
95.99 |
-10.6 |
|
Net Profit |
69.5 |
67.44 |
3.1 |
|
Particulars |
Q1FY21 |
Q1FY20 |
Change |
|
Stage 3 Gross NPA(%) |
4.00 |
4.20 |
-0.2 |
|
Stage 3 coverage ratio (%) |
41.00 |
31.0 |
10.0 |
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