The housing financier's profit before tax (PBT) rose 20.4% to Rs 145.57 crore in Q3 December 2019 (Q3FY20) from Rs 120.89 crore in Q3 December 2018 (Q3FY19).

Tax expense fell 11.2% to Rs 40.51 crore year-on-year (YoY). It has opted for the lower tax rate as permitted under Taxation Laws (Amendment) Ordinance, 2019 and accordingly, the company's deferred tax assets fell by Rs 8.75 crore.

The outstanding loan book stood at Rs 572.44 crore in Q3FY20, lower than Rs 596 crore in Q2 September 2019 (Q2FY20) and Rs 639.71 crore in Q3FY19.

In the 9-months period ended December 2019, the outstanding loan book rose 14.82% to Rs 20,171.57 crore over the corresponding period of the previous year.

Net Interest Income (NII), the difference between interest earned and interest expended, increased to Rs 168.63 crore in Q3FY20 from Rs 156.11 crore in Q2FY20 and Rs 136.11 crore in Q3FY19.

Net Interest Margin (NIM) stood at 3.42% in Q3FY20 as compared to 3.34% in Q2FY20 and 3.31% in Q3FY19.

Cost to income ratio of the company stood at 15.55% as on 31 December 2019 as against 15.58% as on 30 September 2019 and 14.32% as on 31 December 2018. Cost to income ratio indicates the profitability of a financial services company – lower the ratio, more the profitable the company. If the ratio rises from one period to the next, it means that costs are rising at a higher rate than income highlighting the potential problems in the company.

The company's gross non-performing assets (NPAs) stood at Rs 160.96 crore as on 31 December 2019 as against Rs 154.77 crore as on 30 September 2019 and Rs 124.95 crore as on 31 December 2018.

The ratio of gross NPAs to gross advances stood at 0.80% as on 31 December 2019 as against 0.79% as on 30 September 2019 and 0.71% as on 31 December 2018.

The ratio of net NPAs to net advances stood at 0.59% as on 31 December 2019 as against 0.58% as on 30 September 2019 and 0.51% as on 31 December 2018.

Can Fin Homes is a housing finance company. The firm offers housing loan to individuals; housing loan to builders/developers, and loan against property. Its loan portfolio includes housing loans and non-housing loans.