Update “MD & CEO Resign” Can Fin Home Limited, a housing finance firm in its BSE filing said that, Shri Girish Kousgi (MD & CEO) has conveyed to the Board of the company today (September 19, 2022) about his decision to resign from the post of “Managing Director & Chief Executive Officer” of the firm owing to personal reasons. The Company however has said that Girish Kousgi will continue to serve as the MD & CEO and discharge his duties till the date of
Update Q1 FY 2022-23 Earnings IndoStar Capital Finance Limited - a non-banking finance company engaged in providing structured term financing solutions to corporates has posted its Q1 numbers today. The consolidated total revenue of the company for the quarter ended 30 June 2022 stood at INR 313.82 Cr as against INR 264.76 Cr for the same period last year, registering a growth of 18.53% year-on-year basis, However the revenue for the last quarter ended 31 March 2022 of the
GRUH Finance Limited, a subsidiary of HDFC Limited has reported it quarter 3 FY 2018-19 numbers today. The Company's standalone Revenue from Operations for the period ends on 31 December 2018 comes at INR 540.06 Cr versus INR 432.75 Cr for the same period last year, registering 24.80% growth (year-on-year) Company's Net Profit After Tax for October '18 to December '18 quatre stood at INR 96.95 Cr against INR 90.84 Cr for the same period last year, showing 6.73 percent growth YoY The Company's
DEWAN HOUSING FINANCE CORPORATION LIMITED (DHFL) has presented its Q1 FY18-19 results today post market hours. Listed below are some of the financial highlights - Revenue Q1 FY18-19 DHFL's standalone revenue for the period ended 30 June 2018 stood at INR 3149.67 Cr which was INR 2495.94 Cr for the same period last year, showing 26.19% growth on YoY basis. The Company's total revenue for April to June 2018 quarter stood at INR 3156.09 Cr which was INR 2497.14 Cr a period year
Housing Finance Sector: Q1 (April - June 2017) was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. The government led actions with the mission of Housing for All by 2022 and Pradhan Mantri Awas Yojana along with Real Estate Regulatory Authority (RERA) Bill has induced substantial positivity in the sector especially from a long term perspective. For the numbers, the profits of the companies were UP in the range
Housing Finance Sector: Q4 was again fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. Click here for Q3 Results. For the numbers, the profits of the companies were UP in the range of 18% to 49%, while revenues were up in the range between 10% to 24%. Country's largest housing finance company and market leader Housing Development Finance Corporation registered surprising negative growth in Profit (21.59% down)
Housing Finance Sector: Q3 was fantastic as far as Housing Finance sector is concern. Almost all the companies have shown strong performance in the quarter. For the numbers, the profits of the companies were UP in the range of 12% to 42%, while revenues were up in the range between 4% to 32%. Market leader HDFC registered steady growth both in Profit and Income (were up roughly 12% each). "Indiabulls Housing Finance, DHFL and Can Fin Homes" are the star performer from the sector,
