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For the half 12 months ended September, the corporate booked an revenue of Rs 1,962.04 crore, up 31.28 per cent from Rs 1,494.51 crore within the year-ago interval.
Internet revenue got here in at Rs 377.57 crore, up 62.28 per cent from Rs 232.67 crore in H1 FY21.
Consolidated mortgage ebook continued to say no and stood at Rs 11,072 crore through the reporting quarter, in comparison with Rs 11,386 crore a 12 months in the past.
Asset high quality worsened each on the gross and internet ranges, with gross NPAs leaping to 2.32 per cent from 1.69 per cent and internet unhealthy loans ratio rising to 1.38 per cent from 1.13 per cent in September 2020.
Its restructured mortgage ebook, beneath the decision framework for COVID-19 introduced by the RBI, stood at 0.87 per cent, up from 0.62 per cent in June 2021.
Particular point out accounts (SMA-2) numbers decreased from 5.99 per cent in June 2021 to five.09 per cent of the entire portfolio in September 2021. Throughout this era, the mortgage ebook has decreased from Rs 7,166 crore to Rs 6,595 crore.
The corporate has made an extra gross provision of Rs 76 crore in the direction of the pandemic for the reporting quarter, thereby taking the entire provisions, internet of reversals, to Rs 559 crore on account of the pandemic.
Vishal Kampani, the non-executive vice-chairman of the agency, stated the Q2 numbers look encouraging and replicate sustainable progress.
As financial actions steadily come again to regular, the corporate is nicely positioned to drive worth for its stakeholder throughout enterprise verticals, he added.
Complete mortgage lending ebook, comprising mortgage books of JM Monetary Credit score Options and JM Monetary House Loans, stood at Rs 7,102 crore.
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