- Can Fin Homes reported a 41% y/y rise in Net Profit in the 3QFY20 driven by expansion in margins and stable asset quality.

- The NBFC showed 15% y/y loan growth with NIM at 3.42%. Asset quality was good with gross NPA at 0.8% and net NPA at 0.59%.

- During the quarter, 71% of fresh loan approvals were to Salaried & Professionals while 29% were to SENP segment.

- Average ticket size of 10-25 lakhs in the affordable housing bracket constituted 54% of the overall loan mix.

Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.

Found this insight useful?

For more such insights, delivered daily in real-time for free, download the inChat app from the Play Store. Download Now!

Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.