Can Fin Homes Ltd. reported its financial results for the second quarter (Q2) of FY25, showcasing strong growth in key financial metrics. The company posted a net profit of ₹211.68 crore, representing a 32.9% increase compared to ₹159.80 crore in Q2 FY24.
The company’s Net Interest Income (NII) surged to ₹340 crore from ₹317 crore in the same quarter last year.
Key highlights for Q2 FY25:
• Net profit: ₹211.68 crore, up 32.9% YoY from ₹159.80 crore in Q2 FY24.
• Net Interest Income (NII): ₹340 crore, up 7.3% YoY from ₹317 crore in Q2 FY24.
• Gross Non-Performing Assets (GNPA): Improved to 0.51% in Q2 FY25 from 0.55% in Q1 FY25, reflecting better asset quality.
• Net Non-Performing Assets (NNPA): Slight improvement to 0.19% in Q2 FY25 from 0.20% in Q1 FY25.
The robust growth in net profit was driven by higher net interest income and better asset quality, with GNPAs and NNPAs showing improvements quarter-on-quarter (QoQ).
