Gruh Finance has reported results for first quarter ended June 30, 2015.
The company has reported a rise of 20.04% in its net profit at Rs 50.31 crore for the quarter ended June 30, 2015 as compared to Rs 41.91 crore for the same quarter in the previous year. Total income of the company has increased by 21.84% at Rs 294.39 crore for quarter under review as compared to Rs 241.62 crore for the quarter ended June 30, 2014.
Gruh Financehas is primarily engaged in the business of providing long term finance to individuals for construction, purchase, extension, repair and renovation of their homes. It also provides loans to professionals for office premises.
