Can Fin Homes Q1 results show revenue up from 764.29 crores to 824.09 crores, a 7.82% increase in growth. EPS rise from ₹12.45 to ₹13.78, up by 10.68%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Can Fin Homes share its Q1 results on Wednesday. They earned 824.09 crores in revenue this quarter, but that’s more than the 764.29 crores they made last quarter. Unfortunately, the company’s growth increased by 7.82 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 183.45 crores, up from 165.79 crores in the previous quarter. Their quarter-to-quarter growth increased by 10.65 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹13.78, which is an increase of 10.68% from the ₹12.45 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 824.09 crores this year (2023), which is 34.75 percent higher than last year’s total revenue of 611.58 crores.
This year’s PAT (Profit After Tax) is 183.45 crores, which is also 13.10% higher than last year’s PAT of 162.21 crores.
The EPS (Earnings Per Share) for this year is ₹13.78, which is 13.14% more than the EPS of ₹12.18 earned last year.
Also Read: L&T Finance Holdings Q1FY24 Results: Consolidated PAT of Rs. 530.93 Cr
Can Fin Homes Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Can Fin Homes:
Can Fin Homes Ltd is a Housing Finance Company established in 1987, during the International Year of Shelter for the Homeless. It was promoted by Canara Bank and is incorporated under the Companies Act, 1956. Notably, it was the first HFC initiated by any Nationalised Bank in the country, with Shri B Ratnakar as the Founder Chairman.
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