Gruh Finance has reported results for second quarter ended September 30, 2016.
The company has reported 19.86 % rise in its net profit at Rs 61.98 crore for the quarter under review as compared to Rs 51.71 crore for the same quarter in the previous year. Total income of the company increased by 17.84 % at Rs 367.43 crore for the quarter under review as compared Rs 311.81 crore for the corresponding quarter in the previous year.
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.
