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CanFin Homes has posted 45 per cent increase in net profit to Rs 9.5 crore for the third quarter ended December 31, 2006 against Rs 6.5 crore for the corresponding quarter of previous fiscal. Income from operations has moved up by 32 per cent to Rs 49.4 crore for the third quarter.
 
Can Fin Homes' housing loan outstanding year to date has reached a level of Rs 1,925.88 crore, registering a growth of 17 per cent over corresponding period of previous financial year.
 
The disbursements in housing loans up to this financial year's third quarter stood at Rs.362.87 crore. The cumulative sanctions of the company reached Rs 4,802 crore, while cumulative disbursements touched Rs 4,144 crore as at December 2006.
 
Operating income for the period has grown by 34 per cent when compared with the previous fiscal, increasing from Rs 104.03 crore to Rs 139.55 crore as on December 31, 2006. Book value has increased to Rs 97.37.
 
The recovery percentage of the company stands above 95 per cent and the net NPA percentage is less than 1 per cent and at 0.82 per cent.

 
 

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First Published: Jan 26 2007 | 12:00 AM IST

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