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Star Housing Finance reports around 6-fold jump in Q1 net profit

12 Jul 2022 Evaluate

Star Housing Finance has reported results for first quarter ended June 30, 2022.

The company has reported around 6-fold jump in its net profit at Rs 1.36 crore for the quarter under review as compared to Rs 0.24 crore for the same quarter in the previous year. Total income of the company increased by 29.08% at Rs 6.17 crore in Q1FY23 as compared Rs 4.78 crore for the corresponding quarter previous year.

Star Housing Finance (formally known as Akme Star Housing Finance) is primarily engaged in the business of providing loans to individuals, corporate and developers for the pur)chase, construction, development and repair of houses, apartments and commercial properties in India.

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