Tuesday, 18 April 2017


Gruh Finance surged 6.33% to Rs 393.20 at 10:00 AM IST on BSE after the company announced its Q4 result for the year ended 2017. The net profit after tax for the quarter ended 31 March 2017 is Rs 110.45 crore as per BSE filing.

The result was announced after market hours on 17 April 2017.

The company’s board of directors meeting was held on 17 April 2017. It recommended a dividend of Rs 2.80 per share for the year ended 31 March 2017.

Also, the company's loan assets have increased to Rs 13,244 crore as on 31 March 2017, from Rs 11,115 crore as on 31 March 2016, registering a growth of 19% as per the BSE filing.

The company’s main business is to provide loans for purchase or construction of residential houses.

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