Repco Home Finance Ltd reported standalone net profit up 6% to ₹86 crore for the quarter ended September.
During the period under review, revenue from operations declined by 6.6% to ₹321 crore. Net interest income grew 8% sequentially to ₹156 crore, the company said in a statement.
Loan sanctions grew 161% sequentially to ₹525 crore and remained comparable year-on-year, while loan disbursements grew 102% sequentially to ₹484 crore and 4% year-on-year.
The total loan book was ₹11,889 crore. Loans to the self-employment segment accounted for 51.5% and loans to property products accounted for 18%. Phase 3 assets improved sequentially to 4.28% of loan assets.
The capital adequacy ratio of the bank was 32.3% which consisted entirely of Tier-1 capital.