Repco Home Result Second Quarter 2018

Published On: November 14th 2018 at 8:48 PM

repco home finance ltd

• Net interest income grew 2% to Rs. 225.8 crs.
• Net profits grew 1% to Rs. 127.5 crs.
• Loans sanctions surged to Rs. 1,592.0 crs, registering a growth of 15%.
• Loans disbursements surged to Rs. 1,480.5 crs, registering a growth of 14%.
• Net interest margins and interest spread remained healthy at 4.5% and 3.1% respectively.
• Return on assets and equity remained robust at 2.5% and 19.0% respectively.

•The gross non-performing assets (GNPA) improved sequentially to 3.6% as at the end of September 2018.

•The capital adequacy ratio stood provisionally at 23.7%, comprising entirely of Tier-1 capital, which stood at Rs. 1,431.0 crs. The minimum capital adequacy ratio prescribed by the National Housing Bank is 12.0%.