INSUBCONTINENT EXCLUSIVE:
Profit after tax rose by 94 per cent to Rs 3.02 crore in the quarter against Rs 1.55 crore in the year-ago period | Representative Image1
min read Last Updated : Jul 27 2024 | 7:05 PM IST
Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL)
has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee.
Total
revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to Rs 12.29 crore in the year-ago period, the
BSE-listed company said in a release
Interest income rose to Rs 18.08 crore in the first quarter of FY25 against Rs 11.20 crore in April-June 2023-24.
Assets under management
soared by 73.55 per cent to Rs 471.41 crore in the June quarter over the year-ago period
Disbursements were at Rs 61.23 crore in the quarter under review.
Profit after tax rose by 94 per cent to Rs 3.02 crore in the quarter
against Rs 1.55 crore in the year-ago period.(Only the headline and picture of this report may have been reworked by the Business Standard
staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Jul 27 2024 | 7:05 PMIST
