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Can Fin Homes Ltd Q3FY24; 32% 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 Q3FY24 of ₹901.00 Crores up from ₹710.00 Crore year on year, a rise of 26.9%.

Total Expenses for Q3FY24 of ₹646.00 Crores up from ₹505.00 Crores year on year, a rise of 27.92%.

Consolidated Net Profit of ₹200.00 Crores up 32.45% from ₹151.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.03, up 32.07% from ₹11.38 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: Banking
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