Repco Home Finance’s net profit up 95.34% in Q4 FY23, Real Estate News, ET RealEstate

June 23, 2023

NEW DELHI: Repco Home Finance has recorded a growth of 95.34 per cent in its net consolidated profit during the quarter ended March 31, 2023. It’s profit after tax stood at Rs 82.10 crore in Q4 FY23 as against Rs 42.03 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 343.73 crore in Q4 FY23, a growth of 6.01 per cent from Rs 324.23 crore it recorded in the similar quarter last year.

The board of directors recommended dividend of Rs 2.70 per equity share of the face value of Rs 10 each to the shareholders of the company for the financial year 2022-23.

As on March 31, 2023, the company has restructured loans to the tune of Rs. 709.16 crore of which the company has implemented resolution plans under resolution framework 2.0 to reduce the stress of eligible borrowers due to covid-19 pandemic with total principal outstanding of Rs 621.20 crore, it said in the regulatory filings.

  • Published On May 26, 2023 at 05:00 PM IST

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