Repco Home Finance posts steady Q3FY18 results

Rohan Takalkar
/ Categories: Trending, Quarterly Results, Markets

Repco Home Finance reported its Q3FY18 results during closing hours. The results were largely positive across the board.

The company's net interest income for the quarter rose by 19.7 per cent yoy and remained unchanged over the previous quarter to Rs. 115 crore in Q3FY18 as compared to Rs. 96 crore in previous year corresponding quarter and Rs. 116 crore in previous quarter.

The provisions for the quarter doubled over the year to Rs. 19.4 crore in Q3FY18 as compared to Rs. 9.6 crore in previous year corresponding quarter. The bottom-line for the quarter declined by 12.5 per cent qoq and rose by 5.2 per cent yoy to Rs. 48 crore in Q3FY18 as compared to Rs. 46 crore in Q3FY17.

On Wednesday, the stock of Repco Home Finance closed at Rs. 607 per share, up by 1.3 per cent.

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