Can Fin Homes reported its Q1 FY18 numbers. In an interview to CNBC-TV18, SK Hota, MD of Can Fin Homes discuss about the same.
Can Fin Homes remained unaffected by demonetisation and Managing Director SK Hota told CNBC-TV18 the company's portfolio and type of loans given were the primary reasons behind this.
SK Hota, Managing Director, Can Fin Homes, expects the loan book to be around Rs 13,500 crore at the end of this financial year, which works out to an increase of 29 percent year-on-year
A number of large companies have posted results since the earnings season started Thursday last week.
Home loan providers, Can Fin Homes reported a 12.47 percent rise in net profit to Rs 47.44 crore in the fourth quarter. The net interest income (NII) came in at Rs 98.57 crore for the quarter gone-by.
C Ilango, MD of Can Fin Homes, says 90 percent of customers are first time home loan borrowers.
C Ilango, MD of Can Fin Homes Limited expects benefits of product mix and low borrowing cost to continue in coming two quarters.
Can Fin Home Finance has reported a good fourth quarter numbers. In an interview to CNBC-TV18, MD C Ilango discusses the company‘s earnings and its future outlook.
In an interview to CNBC-TV18, C Ilango, MD of Can Fin Home Finance, discusses the numbers and company‘s future outlook.