PNB Housing's standalone profit grows by 38% in Q1 FY19
PNB Housing Finance reported a standalone net profit of Rs 235.05 crore in the quarter ending June 2018. Its profit after tax (PAT) grew by 38% from the Rs 170.07 crore it recorded in the similar quarter last fiscal. The company's net standalone income stood at Rs 1,616.03 crore in Q1 FY19, a 39% rise from the Rs 1,160.21 crore it recorded in the corresponding quarter last year. PNB Housing's assets under management (AUM) increased from Rs 46,755 crore as on June 30, 2017 to Rs 68,577 crore as on June 30, 2018, registering a growth of 47%. Its loan assets increased from Rs 44,003 crore in Q1 FY18 to Rs 63,906 crores in Q1 FY19, registering a growth of 45%.
Tags : ALLIED