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Can Fin Homes Ltd Q1FY24; 28% fall in Revenue.

Company Description:

Can Fin Homes Ltd. is a public deposit-taking housing finance company promoted by Canara Bank in 1987, It focuses on funding to low & middle group individuals & first-time homebuyers preferably salaried or professional. However, since 2014 it is also increasing exposure to self-employed professionals & non-professionals.

Financial Results:

Alok Industries Ltd reported Revenues for Q1FY24 of ₹1,410.00 Crores down from ₹1,972.00 Crore year on year, a fall of 28.5%.

Total Expenses for Q1FY24 of ₹1,642.00 Crores down from ₹2,133.00 Crores year on year, a fall of 23.02%.

Consolidated Net Profit of -₹226.00 Crores from -₹142.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.46, from -₹0.29 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
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