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HomeMarketResultsAptus Value Housing Finance reports standalone Q2 net at Rs 106.78 crore

Aptus Value Housing Finance reports standalone Q2 net at Rs 106.78 crore

India Ltd has reported standalone revenue for the July-September quarter at Rs 106.78 crore, the corporate mentioned on Wednesday.

The corporate engaged in housing finance had registered standalone revenue at Rs 69.13 crore through the corresponding quarter within the earlier 12 months.

For the six-month interval ending September 30, 2022, the standalone revenue grew to Rs 208.71 crore from Rs 129.27 crore registered within the corresponding quarter final 12 months, mentioned in an organization assertion.

Commenting on the monetary efficiency, firm Chairman and Managing Director M Anandan mentioned, “Throughout first half of monetary 12 months 2023, we disbursed Rs 1,129 crore registering a development of 69 per cent 12 months on 12 months.”

The standalone complete revenue through the quarter underneath assessment grew to Rs 236.98 crore, as towards Rs 169.40 crore registered in the identical interval final 12 months.

For the half 12 months ending September 30, the standalone complete revenue surged to Rs 446.50 crore from Rs 323.42 crore registered in the identical interval of monetary 12 months 2021-22.

“Now we have constructed a powerful department community of 213 branches to ship high quality service to our clients. The corporate is effectively capitalised with a web price of Rs 3,175 crore. As on September 30, 2022, we have now maintained enough on stability sheet liquidity of over Rs 1,000 crore together with undrawn sanctions of Rs 500 crore from Nationwide Housing Financial institution,” he mentioned.

“We continued to develop persistently and delivered an Property Beneath Administration development of 33 per cent 12 months on 12 months. Revenue after tax (PAT) has grown at 52 per cent…,” he mentioned.

(Solely the headline and film of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)

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