Statement of Audited Financial Results Quarter Ended June 30 2012

( in crore )

Particulars	Quarter ended June 30, 2012	Quarter ended June 30, 2011	Quarter ended March 31, 2012	Year ended March 31, 2012
Particulars	(Un-Audited)		(Audited)
Income from Operations :
a) Revenue from Operation	147.77	113.98	165.73	513.91
b) Other Income	–	0.04	–	0.07
Total Income	147.77	114.02	165.73	513.98
Expenditure :
a) Finance Cost	94.49	66.27	88.26	310.11
b) Employee Benefit Expenses	5.99	4.85	4.16	19.68
c) Other Expenses	11.25	15.20	5.65	19.07
d) Depreciation	0.51	0.57	0.66	2.36
Total Expenditure	112.24	86.89	98.73	351.22
Profit Before Tax	35.53	27.13	67.00	162.76
Tax Expenses	8.81	6.58	11.43	42.42
Net Profit After Tax	26.72	20.55	55.57	120.34
Earning per Share – Basic ()	7.545	5.840	15.753	34.126
– Diluted ()	7.525	5.832	15.643	34.012
Paid-up Equity Share Capital ( Face Value of 10/- each )	35.49	35.24	35.30	35.30
Reserves and Surplus				350.25

Part – II Selected information for the Quarter ended June 30, 2012

Particulars	Quarter ended June 30, 2012	Quarter ended June 30, 2011	Quarter ended March 31, 2012	Year ended March 31, 2012
A. Particulars of Share Holding
Public Shareholding
– No. of Shares	14185895	13931720	13994853	13994853
– Percentage of Shareholding	39.97	39.53	39.64	39.64
Promoters and Promoter Group Shareholding
a) Pledged / Encumbered
– No. of Shares	Nil	Nil	Nil	Nil
– Percentage of Shares (as a % of the total shareholding of promoter and promoter group)	Nil	Nil	Nil	Nil
– Percentage of Shares (as a % of the total share capital of the Company)	Nil	Nil	Nil	Nil
b) Non – encumbered
– No. of Shares	21307785	21307785	21307785	21307785
– Percentage of Shares (as a % of the total shareholding of promoter and promoter group)	100	100	100	100
– Percentage of Shares (as a % of the total share capital of the Company)	60.03	60.47	60.36	60.36

B. Investor Complaints				Quarter ended June 30, 2012
Pending at the beginning of the quarter				Nil
Received during the quarter				1
Disposed of during the quarter				1
Remaining unresolved at the end of the quarter				Nil

NOTES :-

The Company’s main business is to provide loans for purchase or construction of residential houses. All other activities of the Company revolve around the main business. As such, there are no separate reportable segments as per the Accounting Standard on Segment Reporting (AS 17).
Disbursements during the quarter ended June 30, 2012 amounted to 440.64 crores as compared to 321.56 crores during the corresponding previous year representing a growth of 37%. Loan Assets have increased from 3362.50 crores as on June 30, 2011 to 4349.51 crores as on June 30, 2012 registering a growth of 29%.
The Gross NPAs of the Company are 29.73 crores (0.68% of the Loan Assets) as against 37.74 crores (1.12% of the Loan Assets) as on June 30, 2011.
At the 26th Annual General Meeting held on June 18, 2012, Shareholders have approved sub-division of the nominal face value of the equity shares of 10 each into 5 (five) equity shares of nominal face value of 2 each. The Company has fixed Wednesday, July 25, 2012 as the Record Date for sub-division of shares.
During the quarter, the Company allotted 1,91,042 Equity Shares pursuant to the exercise of the stock options by certain employees/directors.
During the period under review, there are no transactions in the nature of exceptional or extraordinary items.
Previous period/year figures have been regrouped and reclassified, where necessary, to make them comparable with current quarter figures.

The above results for the quarter ended June 30, 2012, which have been subjected to a ‘Limited Review’ by the Auditors of the Company, were reviewed and recommended by the Audit Committee of Directors and subsequently approved by the Board of Directors at its meeting held on July 12, 2012 in terms of Clause 41 of the Listing Agreement.