Repco Residence Finance posts ₹108 crore revenue in This fall FY24

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Repco Residence Finance reported a 9 per cent enhance in its web revenue at ₹108 crore for the quarter ended March 31, 2024, in comparison with ₹99 crore within the year-ago quarter.

The board has advisable a dividend of ₹3 per share of face worth ₹10 every for 2023-24 in FY23, a dividend of ₹2.70 per share was declared.

Whole revenue stood at ₹397 crore towards ₹393 crore. Mortgage disbursements grew 18 per cent to ₹895 crore from ₹759 crore, whereas mortgage sanctions have been at ₹978 crore towards ₹777 crore, a development of 26 per cent.

For the complete yr ended March 31, 2024, the corporate posted a web revenue of ₹395 crore in comparison with ₹296 crore in FY23.

Whole revenue stood at ₹1,541 crore (₹1,299 crore in FY23), whereas web curiosity revenue. AUM grew to ₹13,513 crore from ₹12,449 crore in FY23.

The general mortgage e book stood at ₹13,513.4 crore as of March 2024. Loans to the self-employed phase accounted for 51.4 per cent of the excellent mortgage e book and loans for the salaried phase account for the stability of the e book, in keeping with a press release.

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