Statement of Audited Financial Results For The Nine Months Ended December 31 2012

( in crore )

Particulars	Quarter ended Dec 31, 2012	Quarter ended Dec 31, 2011	Quarter ended Sept 30, 2012	Nine Months ended Dec 31, 2012	Nine Months ended Dec 31, 2011	Year ended March 31, 2012
Particulars	(Un-Audited)					(Audited)
Income from Operations :
a) Revenue from Operation	166.41	131.92	156.98	471.16	368.28	513.91
b) Other Income	0.01	0.02	–	0.01	0.07	0.07
Total Income	166.42	131.94	156.98	471.17	368.35	513.98
Expenditure :
a) Finance Cost	101.60	81.57	100.09	296.18	221.85	310.11
b) Employee Benefit Expenses	6.53	5.09	6.94	19.46	15.52	19.68
c) Other Expenses	5.41	4.63	5.07	15.23	12.30	16.89
d) Depreciation	0.52	0.58	0.40	1.43	1.70	2.36
e) Provision for Contingencies / Bad Debts Written off	6.42	4.21	4.05	16.97	21.22	2.18
Total Expenditure	120.48	96.08	116.55	349.27	272.59	351.22
Profit Before Tax	45.94	35.86	40.43	121.90	95.76	162.76
Tax Expenses	17.05	12.56	13.22	39.08	30.99	42.42
Net Profit After Tax	28.89	23.30	27.21	82.82	64.77	120.34
Earnings per Share – Basic ()	1.625	1.320	1.531	4.665	3.675	6.825
– Diluted ()	1.624	1.320	1.529	4.658	3.674	6.802
Paid-up Equity Share Capital (Face Value of . 2/- each)			35.57	35.60	35.30	35.30
Reserves and Surplus as at March 31						350.25

PART – II Selected information for the Nine Months ended December 31, 2012

A. Particulars of Share Holding	As At Dec 31, 2012	As At Dec 31, 2011	As At Sept 30, 2012	As At March 31, 2012
Public Shareholding
– No. of Shares	71441585	69974265	71311390	69974265
– Percentage of Shareholding	40.14	39.64	40.10	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	106538925	106538925	106538925	106538925
– 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)	59.86	60.36	59.90	60.36
B. Investor Complaints				Quarter ended Dec 31, 2012
Pending at the beginning of the quarter				Nil
Received during the quarter				Nil
Disposed off during the quarter				Nil
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 nine months period ended December 31, 2012 amounted to 1490.71 crores as compared to 1001.19 crores during the corresponding previous year representing a growth of 49%. Loan Assets have increased from 3761.31 crores as on December 31, 2011 to 5002.92 crores as on December 31, 2012 registering a growth of 33%.
The Gross NPAs of the Company are 26.74 crores (0.53% of the Loan Assets) as against 36.66 crores (0.97% of the Loan Assets) as on December 31, 2011. Net NPAs have been maintained at Nil.
During the quarter, the Company allotted 1,30,195 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 nine months period ended December 31, 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 January 15, 2013 in terms of Clause 41 of the Listing Agreement.