Gruh Finance Ltd - Q2FY14 Result First-Cut - Microsec

Gruh Finance Ltd announced its Q2FY14 result on 11th October 2013.

The company's total income increased by 14.91% QoQ and 34.09% YoY to INR210.5 crores. Whereas, Profit After Tax (PAT) increased by 1.72% QoQ and 26.24% YoY to INR34.35 crores.

Disbursement during the half year ended September 30, 2013 grew by 25% YoY to INR1197.15 crores. Whereas, loan assets grew by 32% YoY to INR6142.90 crores.

On the asset quality front, the company has improved its Gross NPA by 19bps YoY to 0.41%. Net NPA are maintained at Nil.

Source : Equity Bulls

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