CanFin Homes Q3 net profit jumps 41% to Rs 60 cr

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Press Trust of India New Delhi
Last Updated : Jan 17 2017 | 3:28 PM IST
CanFin Homes today registered a rise of 41.3 per cent in net profit at Rs 59.60 cr for the third quarter ended December 31.
The company's net profit in the October-December quarter of previous fiscal stood at Rs 42.18 crore.
Total income of the company rose to Rs 349.64 crore in the third quarter of the current fiscal as against Rs 282.36 crore in corresponding quarter year ago, it said in a regulatory filing.
CanFin Homes' main business is to provide loans for the purchase and construction of residential houses.
Sponsored by public sector Canara Bank, CanFin Homes is also permitted by the National Housing Bank to accept deposits from public.
Shares of the company were trading 0.15 per cent lower at Rs 1,731.55 on BSE.

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First Published: Jan 17 2017 | 3:28 PM IST

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