Gruh Finance Ltd, a subsidiary of HDFC, has reported a 26% rise in profit after tax and 32% in housing loan portfolio in the first half-year ended September 30, as compared to the corresponding period last fiscal.
While the housing loan portfolio was Rs 6,142.90 crore (Rs 4,661.31 crore), PAT stood at Rs 68.12 crore (Rs 53.93 crore), according to a press release.
Lending disbursement during the period increased by 25% to Rs 1,197.15 crore (Rs 959.96 crore). The cumulative loan disbursements as of September 30 were Rs 10,713.93 crore.
The gross NPA stood at Rs 24.93 crore, or 0.41%, with a total loan outstanding portfolio of Rs 6,142.90 crore.