Reliance Home Finance has reported results for first quarter ended June 30, 2019.
The company has reported 0.43% rise in its net profit at Rs 48.63 crore for the quarter under review as compared to Rs 48.42 crore for the same quarter in the previous year. Total income of the company increased by 30.68% at Rs 536.98 crore for Q1FY20 as compared Rs 410.90 crore for the corresponding quarter previous year.
Reliance Home Finance is engaged in providing housing finance. It provides housing loans, home improvement loan, home extension loan and reliance property solutions. It offers home loans to individuals and companies. It operates as a subsidiary of Reliance Capital.
