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Can Fin Homes Ltd Q2FY24; 11% rise in Profits

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:

Can Fin Homes Ltd reported Revenues for Q2FY24 of ₹871.00 Crores up from ₹657.00 Crore year on year, a rise of 32.57%.

Total Expenses for Q2FY24 of ₹673.00 Crores up from ₹454.00 Crores year on year, a rise of 48.24%.

Consolidated Net Profit of ₹158.00 Crores up 11.27% from ₹142.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.87, up 11.56% from ₹10.64 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.

Tags: NBFC
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