Statement of Audited Financial Results for the Quarter/ Nine Months Ended December 31, 2015

( in crore )

Particulars	Quarter ended Dec 31, 2015	Quarter ended Sept 30, 2015	Quarter ended Dec 31, 2014	Nine Months ended Dec 31, 2015	Nine Months ended Dec 31, 2014	Year ended March 31, 2015
Particulars	Un-Audited					Audited
Income from Operations :
Revenue from Operations	323.55	311.81	271.11	929.75	770.45	1,060.31
Total Income from Operations	323.55	311.81	271.11	929.75	770.45	1,060.31
Expenditure :
a) Finance Cost	203.40	198.74	173.62	592.32	494.99	677.73
b) Employee Benefit Expenses	10.55	15.57	8.16	34.52	29.01	35.19
c) Other Expenses	9.21	9.36	6.71	26.67	19.64	27.55
d) Depreciation	0.73	0.72	0.79	2.23	0.33	1.29
e) Bad Debts Written off	0.18	0.12	0.04	0.58	0.30	2.03
f) Provision for Contingencies	17.66	7.05	14.55	36.51	30.24	15.69
Total Expenditure	241.73	231.56	203.87	692.83	574.51	759.48
Profit from operations before Other Income	81.82	80.25	67.24	236.92	195.94	300.83
Other Income	0.00	0.00	0.00	0.00	0.01	0.01
Profit Before Tax	81.82	80.25	67.24	236.92	195.95	300.84
Tax Expenses	28.08	28.54	22.50	81.16	66.21	97.04
Net Profit After Tax	53.74	51.71	44.74	155.76	129.74	203.80
Paid-up Equity Share Capital (Face Value of 2)	72.73	72.73	72.68	72.73	72.68	72.68
Reserves excluding Revaluation Reserve as per Balance sheet of Previous accounting year						638.81
Earnings per Share (of 2 each) (not annualised) – Basic ()	1.478	1.423	1.232	4.285	3.584	5.571
– Diluted () See accompanying notes to the Financial Results	1.478	1.423	1.232	4.284	3.580	5.566

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).
Loan Assets have increased from 8,393 crores as on December 31, 2014 to 10,519 crores as on December 31, 2015 registering a growth of 25%.
The aggregate NPAs of the Company are 0.62% of the Loan Assets as against 0.57% of the Loan Assets as on December 31, 2014. The Net NPAs of the Company are 0.14% of the Loan Assets.
During the period under review, there are no transactions in the nature of exceptional or extraordinary items.
During the quarter, the Company allotted 41,150 Equity Shares pursuant to the exercise of the stock options by employees.
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 / nine-months ended December 31, 2015, 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, 2016 in terms of clause 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.