- 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.
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