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Reliance Home Finance reports 32% rise in Q2 net profit

Reliance Home Finance has reported results for second quarter ended September 30, 2018.

The company has reported 31.58% rise in its net profit at Rs 75.00 crore for the quarter under review as compared to Rs 57.00 crore for the same quarter in the previous year. Total income of the company increased by 8.67% at Rs 464.00 crore for Q2FY19 as compared Rs 427.00 crore for the corresponding quarter previous year.

Reliance Home Finance is engaged in providing housing finance. It provides housing loans, home improvement loan, home extension loan and reliance property solutions. It offers home loans to individuals and companies. It operates as a subsidiary of Reliance Capital.

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