Mortgage lender Dwelling First Finance has reported a 25.4% year-on-year rise in fourth-quarter internet revenue to Rs 105 crore, up from Rs 83 crore in the identical interval final 12 months, backed by a 31% enlargement in belongings below administration to Rs 12,713 crore.
Its asset high quality remained steady, with the gross non-performing belongings ratio at 1.7%, with house loans contributing 84% of it.
The corporate’s whole earnings rose by 31% to Rs 416 crore.
It raised Rs 1,250 crore in April by promoting fairness shares via a certified institutional placement, which helped enhance internet price to Rs 3,751 crore.
