Hot Pursuit     26-Aug-20
Can Fin Homes in demand after good Q1 show
Can Fin Homes jumped 7.24% to Rs 413.95 after the housing finance company posted a 15% rise in net profit to Rs 93.16 crore in Q1 June 2020 from Rs 80.98 crore in Q1 June 2019.
Total income rose 8% to Rs 522.50 crore in Q1 June 2020 over Q1 June 2019. Profit before tax came (PBT) rose 2.6% year-on-year to Rs 126.05 crore in Q1 June 2020. Total tax expense declined 21.5% to Rs 32.89 crore during the period under review. The result was announced after market hours yesterday, 25 August 2020.

Can Fin Homes in accordance with the RBI guidelines relating to COVID-19 Regulatory Package offered moratorium on the payment of installments falling due between 1 March 2020 to 31 August 2020 to eligible borrowers. As on 30 June 2020, the company said it holds a provision of Rs 72.89 crore, which is more than the requirement as per RBI norms.

Can Fin Homes is a housing finance company. The firm offers housing loan to individuals; housing loan to builders/developers, and loan against property.

Previous News
  Can Fin Homes standalone net profit rises 8.83% in the June 2024 quarter
 ( Results - Announcements 22-Jul-24   07:43 )
  Benchmarks trade with modest gains; consumer durables shares advance
 ( Market Commentary - Mid-Session 13-Jun-23   14:38 )
  Can Fin Homes
 ( Results - Analysis 19-Oct-23   07:45 )
  Can Fin Homes to convene board meeting
 ( Corporate News - 10-Oct-23   10:41 )
  Can Fin Homes board to mull fund raising on June 19
 ( Hot Pursuit - 13-Jun-23   13:37 )
  Can Fin Homes to convene board meeting
 ( Corporate News - 15-Mar-23   10:59 )
  Board of Can Fin Homes to consider fund raising via NCD issuance
 ( Corporate News - 06-Oct-22   13:05 )
  Can Fin Homes
 ( Results - Analysis 24-Jan-24   07:36 )
  Can Fin Homes standalone net profit rises 23.74% in the December 2020 quarter
 ( Results - Announcements 25-Jan-21   17:52 )
  Can Fin Homes edges lower after Q3 PAT contracts 12% YoY
 ( Hot Pursuit - 27-Jan-22   11:56 )
  Can Fin Homes Limited: Ratings reaffirmed; Reaffirmed and simultaneously withdrawn for Rs. 800-crore NCD programme
 ( Press Releases - 18-Nov-21   09:49 )
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