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Repco Home Finance reported 13 per cent growth in net profit at ₹30.74 crore for the quarter ended December 31, 2014, against ₹27.14 crore in the corresponding previous-year period.
According to a press release from the company, the profitability was driven by income from operations which witnessed 29 per cent growth during the quarter at ₹175.59 crore, from ₹135.82 crore in the previous year.
The loan book grew 27 per cent and stood at ₹5,500 crore as on December 31, 2014, as compared to ₹4,319 crore for the same period in 2013-14. The gross non-performing assets (NPAs) stood at 1.99 per cent (2.03 per cent) of the outstanding loan book, and net NPAs at 1.16 per cent (1.28 per cent).
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