Net interest income (NII) for the period under review was Rs 345 crore, up 4.9% YoY.

Operating profit in the third quarter rose by _ % to Rs 291 crore from Rs 287 crore posted in the same period last year. ECL provision in Q3 FY25 was Rs 22 crore, down _ % YoY.

Profit before tax in Q3 FY25 stood at Rs 269.12 crore, up by 5.3% from Rs 255.69 crore in Q3 FY24.

Loan disbursements recorded during Q3FY25 added up to Rs 1,879 crore as against Rs 1879 crore during Q3 FY24, registering a flat performance.

Disbursements during the quarter have clocked a negative growth of (21)% sequentially over the disbursements attained during Q2 FY25, mainly on account of issue pertaining to registration in Karnataka following the introduction of E-khata requirement.

The loan portfolio as at December 2024, stood at Rs 37,155 crore as against Rs 34,053 crore in the corresponding previous period, recording an increase of 9%. Housing loans accounted for 77% of the loan book and non-housing loans (including CRE) accounted for the remaining 23%.

On the asset quality front, the gross non-performing asset (GNPA) ratio was 0.92% as of 31 December 2024, compared to 0.88% as of 30 September 2024 and 0.91% as of 31 December 2023. The net non-performing assets (NNPA) ratio was 0.50% as of 31 December 2024, compared to 0.47% as of 30 September 2024 and 0.49% as of 31 December 2023.

The liquidity coverage ratio as of 31 December 2024 stood at 167.17% as against the stipulated ratio of 85%.

“The documented undrawn bank lines stood at Rs 3,505.73 crore as of 31 December 2024 which, along with internal accruals will take care of business commitments for next 3 months,” the company said.

Can Fin Homes is a housing finance company founded in 1987 by Canara Bank. As of December 2024, Canara Bank-Mumbai held 29.99% stake in the NBFC.

The housing financier's net profit rose 33.8% to Rs 211.49 crore on 10.5% increase in total income to Rs 962.69 crore in Q2 FY25 as compared with Q2 FY24.