Now Reading: Repco Home Finance Q1 net profit rises to Rs 114 crore
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Repco Home Finance Q1 net profit rises to Rs 114 crore
Repco Home Finance has posted an 8.9% year-on-year growth in its loan book to Rs 15,990 crore as of June 30, 2026. Net profit for the first quarter of FY27 increased to…
The Story in Brief
Repco Home Finance has posted an 8.9% year-on-year growth in its loan book to Rs 15,990 crore as of June 30, 2026. Net profit for the first quarter of FY27 increased to Rs 114 crore from Rs 108 crore a year earlier, The Hindu reports. Total income rose 6.1% to Rs 468 crore during the quarter, while net interest income grew 10.2% to Rs 216 crore. Loan sanctions increased to Rs 938 crore and disbursements to Rs 843 crore. Asset quality improved with the gross NPA ratio declining to 2.7% from 3.3% a year ago. The company's capital adequacy ratio stood at 36.13%, well above the 15% regulatory requirement.
The Indian Opinion
Numbers like an 8.9% loan book growth and a GNPA ratio down to 2.7% are clearly good news for Repco Home Finance, but the narrative that all is rosy in housing finance ignores the unchanged net NPA ratio of 1.2% and an actual rise in net NPAs to Rs 194 crore. The real test will be whether the non-salaried segment, which makes up 53.5% of the portfolio, maintains repayment discipline in a slowing economy. Can Repco sustain this growth without a spike in stress from that segment?
Source: thehindu.com
This story was synthesised by AI from the source linked above.
