Can Fin Homes reports 32% rise in net profit for Q3

Can Fin Homes, a mortgage lender promoted by Canara Bank, reported a 32% increase in net profit to Rs 200 crore for the quarter ending December 2023. This growth was driven by a 27% rise in interest income, offsetting a rise in provisions due to a fraud. The company's gross non-performing assets ratio stood at 0.91%.


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