Q1 net jumps 25.37% in FY19-20 at SRG Housing Finance
SRG Housing Finance records revenue increment of 31.54% QOQ to Rs.16.43 Crore in Q1 of FY2019-20, as compared to a year ago quarter.
Q1 net profit for FY2019-20 reaches Rs.4.15 Crore at SRG Housing Finance Limited marking Rs.0.84 Crore hike as against previous year"s same period.
Profit before tax increases to Rs.5.54 Crore in the first quarter of present financial year whereas in the FY2018-19 same quarter it was Rs.4.33 Crore, as reported by Mr. Vinod K Jain, Managing Director of SRG Housing Finance Limited.
SRG Housing Finance Limited deals in providing home loans for construction, additions, alterations, repairing & renovation purposes. The company has its corporate office in Mumbai and registered office in Rajasthan.
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