Statement of Audited Financial Results for the Quarter Ended June 30, 2016

( in crore )

Particulars	Quarter ended June 30, 2016	Quarter ended March 31, 2016	Quarter ended June 30, 2015	Year ended March 31, 2016
Particulars	Un-Audited			Audited
Income from Operations :
Revenue from Operations	350.12	370.51	296.74	1,287.51
Total Income from Operations	350.12	370.51	296.74	1,287.51
Expenditure :
a) Finance Cost	224.10	215.09	190.18	807.41
b) Employee Benefit Expenses	9.74	8.28	8.40	42.80
c) Other Expenses	13.44	15.46	10.45	50.64
d) Depreciation	0.74	0.80	0.78	3.03
e) Provisions, Contingencies and Write off	12.54	6.10	12.08	21.93
Total Expenditure	260.56	245.73	221.89	925.81
Profit from Operations Before Other Income	89.56	124.78	74.85	361.70
Other Income	0.00	0.00	0.00	0.00
Profit Before Tax	89.56	124.78	74.85	361.70
Tax Expenses	29.38	36.96	24.54	118.12
Net Profit After Tax	60.18	87.82	50.31	243.58
Paid-up Equity Share Capital (Face Value of 2 each)	72.74	72.74	72.70	72.74
Reserves excluding Revaluation Reserve as per Balance sheet of Previous accounting year				762.56
Earnings per Share (of 2 each) (not annualised) – Basic ()	1.655	2.414	1.384	6.699
– Diluted () See accompanying notes to the Financial Results	1.655	2.414	1.383	6.698

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).
Loan Assets have increased from 9,329 crores as on June 30, 2015 to 11,544 crores as on June 30, 2016 registering a growth of 24%.
The aggregate NPAs of the Company are 0.56% of the Loan Assets as against 0.52% of the Loan Assets as on June 30, 2015. The Net NPAs of the Company are 0.27% of the Loan Assets.
During the quarter, the Company has allotted 14,660 Equity Shares pursuant to exercise of stock options by employees.
Figures of the quarter ended March 31, 2016 are the balancing figures between audited figures in respect of the full financial year 2015-16 and published year to date reviewed figures up to the period ended December 31, 2015.
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, 2016, 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 18, 2016 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.