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( in crores)

Particulars Quarter ended
June 30, 2013
Quarter ended
June 30, 2012
Quarter ended
March 31, 2013
Year ended
March 31, 2013
(Un-Audited) (Audited)
Income from Operations :        
a) Revenue from Operation 182.60 147.77 194.22 650.44
b) Other Income 0.59 0.00 0.00 0.01
Total Income 183.19 147.77 194.22 650.45
Expenditure :        
a) Finance Cost 115.83 94.49 108.24 404.42
b) Employee Benefit Expenses 6.36 5.99 3.97 23.43
c) Other Expenses 5.80 4.75 5.68 20.91
d) Depreciation 0.58 0.51 0.54 1.97
e) Provision for Contingencies/
Bad Debts
Written off
9.79 6.50 0.88 2.91
Total Expenditure 138.36 112.24 119.31 453.64
Profit Before Tax 44.83 35.53 74.91 196.81
Tax Expenses 11.06 8.81 11.85 50.93
Net Profit After Tax 33.77 26.72 63.06 145.88
Earning per Share (of 2 each)

– Basic ()

1.887

1.509

3.544

8.209
– Diluted () 1.882 1.505 3.499 8.157
Paid-up Equity Share Capital
( Face Value of 2 each )
      35.70
Reserves and Surplus as at March 31   455.29

Part – II Selected information for the Quarter ended June 30, 2013
A. Particulars of Share Holding As At June
30, 2013
As At June
30, 2012
As At March
31, 2013
As At March
31, 2013
Public Shareholding
– No. of Shares 72846940 70929475 71937750 71937750
– Percentage of Shareholding 40.61 39.97 40.31 40.31
Promoters and Promoter Group Shareholding
a) Pledged / Encumbered
  • – No. of Shares
Nil Nil Nil Nil
  • – Percentage of Shares (as a % of the
    total shareholding of Promoter and
    Promoter group)
Nil Nil Nil Nil
  • – Percentage of Shares (as a % of the
    total Share Capital of the Company)
Nil Nil Nil Nil
b) Non – encumbered
  • – No. of Shares
106538925 106538925 106538925 106538925
  • – Percentage of Shares (as a % of the
    total shareholding of Promoter and
    Promoter group)
100 100 100 100
  • – Percentage of Shares (as a % of the
    total Share Capital of the Company)
59.39 60.03 59.69 59.69
B. Investor Complaints Quarter ended
June 30, 2013
Pending at the beginning of the quarter Nil
Received during the quarter 1
Disposed off during the quarter 1
Remaining unresolved at the end of the quarter Nil

NOTES :-

  • The Company’s main business is to provide loans for purchase or construction of residential houses. All other activities of the Company revolve around the main business. As such, there are no separate reportable segments as per the Accounting Standard on Segment Reporting (AS 17).
  • Disbursements during quarter ended June 30, 2013 amounted to 566.86 crores as compared to 440.64 crores during the corresponding previous year representing a growth of 29%. Loan Assets have increased from 4,338.49 crores as on June 30, 2012 to 5,727.21 crores as on June 30, 2013 registering a growth of 32%.
  • The Gross NPAs of the Company are 26.30 crores (0.46% of the Loan Assets) as against 29.73 crores (0.69% of the Loan Assets) as on June 30, 2012.
  • During the quarter, the Company allotted 9,09,190 Equity Shares pursuant to the exercise of the stock options by certain employees/directors.
  • During the period under review, there are no transactions in the nature of exceptional or extraordinary items.
  • Previous period/year figures have been regrouped and reclassified, where necessary, to make them comparable with current quarter figures.

The above results for the quarter ended June 30, 2013, which have been subjected to a ‘Limited Review’ by the Auditors of the Company, were reviewed and recommended by the Audit Committee of Directors and subsequently approved by the Board of Directors at its meeting held on July 8, 2013 in terms of Clause 41 of the Listing Agreement.

July 8, 2013
Ahmedabad
For GRUH Finance Limited
Sudhin Choksey
Managing Director