Statement of Audited Financial Results For The Nine Months Ended December 31 2013

( in crore )

Particulars	Quarter ended Dec 31, 2013	Quarter ended Sep 30, 2013	Quarter ended Dec 31, 2012	Nine Months ended Dec 31, 2013	Nine Months ended Dec 31, 2012	Year ended March 31, 2013
Particulars	(Un-Audited)					(Audited)
Income from Operations :
a) Revenue from Operation	217.39	210.50	166.41	610.49	471.16	650.44
b) Other Income	0.00	0.00	0.01	0.50	0.01	0.01
Total Income	217.39	210.50	166.42	610.99	471.17	650.45
Expenditure :
a) Finance Cost	140.88	138.99	101.60	395.70	296.18	404.42
b) Employee Benefit Expenses	7.96	11.13	6.70	25.77	20.02	24.18
c) Other Expenses	5.36	4.79	5.24	15.54	14.67	20.16
d) Depreciation	0.69	0.54	0.52	1.81	1.43	1.97
e) Provision for Contingencies / Bad Debts Written off	6.78	4.34	6.42	20.91	16.97	2.91
Total Expenditure	161.67	159.79	120.48	459.73	349.27	453.64
Profit Before Tax	55.72	50.71	45.94	151.26	121.90	196.81
Tax Expenses	20.48	16.36	17.05	47.90	39.08	50.93
Net Profit After Tax	35.24	34.35	28.89	103.36	82.82	145.88
Earnings per Share (of 2 each) – Basic ()	1.962	1.914	1.625	5.763	4.665	8.209
– Diluted ()	1.959	1.910	1.624	5.751	4.658	8.157
Paid-up Equity Share Capital ( Face Value of 2 )		35.91		35.95	35.60	35.70
Reserves and Surplus						455.29

PART – II Selected information for the Quarter and Nine Months ended December 31, 2013

A. Particulars of Share Holding	As At Dec 31, 2013	As At Sep 30, 2013	As At Dec 31, 2012	As At March 31, 2013
Public Shareholding
No. of Shares	73223660	73031485	71441585	71937750
Percentage of Shareholding	40.73	40.67	40.14	40.31
Promoter 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)	59.27	59.33	59.86	59.69

B. Investor Complaints				Quarter ended Dec 31, 2013
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, 2013 amounted to 1,824.74 crores as compared to 1,490.71 crores during the corresponding period in previous year representing a growth of 22%. Loan Assets have increased from 4,995.11 crores as on December 31, 2012 to 6,544.60 crores as on December 31, 2013 registering a growth of 31%.
The Gross NPAs of the Company as on December 31, 2013 are 29.93 crores (0.46% of the Loan Assets) as against 26.74 crores (0.54% of the Loan Assets) as on December 31, 2012. Net NPAs of the Company are Nil.
During the quarter, the Company allotted 1,92,175 Equity Shares pursuant to the exercise of the stock options by certain employees.
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 and nine-months period ended December 31, 2013, 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 16, 2014 in terms of Clause 41 of the Listing Agreement.