Gruh Finance has reported results for fourth quarter ended March 31, 2012
The company has posted a rise of 138.50% in its net profit at Rs 55.57 crore for the quarter ended March 31, 2012 as compared to Rs 23.30 crore for the same quarter in the previous year. Total income has increased by 25.61% at Rs 165.73 crore for quarter under review as compared to Rs 131.94 crore for the quarter ended March 31, 2011.
Gruh Finance 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.
