Conference Call with Repco Home Finance Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Housing Finance company Repco Home Finance announced Q1FY25 results: Financial Highlights: Loans sanctions stood at Rs 727 crore as compared to Rs 726 crore, registering a growth of 0.2%. Loan disbursements stood at Rs 680 crore as compared to Rs 684 crore. Total income stood at Rs 416 crore as compared to Rs 367 crore, registering a growth of 13.6%. Net interest income stood at Rs 175 crore as compared to 162 crore, resulting in a healthy growth of 8%. Net profits stood at Rs 105 crore as compared to Rs 89 crore, registering a growth of 18%. Loan spread remained healthy at 3.4% Return on assets stood at 3.1%, resulting in a return on equity of 16.3% as compared to 2.8% and 15.8%, respectively. Result PDF
Housing Finance company Repco Home Finance announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Loans sanctions stood at Rs 978 crore as compared to Rs 966 crore (Which included a DA pool purchase of Rs 67 crore). Loan disbursements stood at Rs 895 crore as compared to Rs 835 crore (Which included a DA pool purchase of Rs 67 crore. Total income stood at Rs 397 crore as compared to Rs 344 crore. Net interest income remained at Rs 172 crore, resulting in healthy margins of 5.1%. Net profits stood at Rs 108 crore as compared to Rs 82 crore. Loan spread remained healthy at 3.3%. Return on assets stood at 3.2%, resulting in a return on equity of 16.5% as compared to 2.7% and 14.4%, respectively. FY24 Financial Highlights: AUM stood at Rs 13,513 crore as against Rs 12,449 crore. Loans sanctions stood at Rs 3,340 crore as compared to Rs 3,232 crore (Which included a DA pool purchase of Rs 136 crore), excluding DA pool purchase the growth is 7.9%. Loan disbursements stood at Rs 3,135 crore as compared to Rs 2,919 crore (Which included a DA pool purchase of Rs 136 crore), excluding DA pool purchase the growth is 12.7%. Total income stood at Rs 1,541 crore as compared to Rs 1,299 crore. Net interest income stood at Rs 679 crore, resulting in healthy margins of 5.2%. Net profits stood at Rs 395 crore as compared to Rs 296 crore. Loan spread remained healthy at 3.4%. Return on assets stood at 3.0%, resulting in a return on equity of 15.8% as compared to 2.5% and 13.5%, respectively. Result PDF