Board Meeting4 Jul 2026, 02:30 pm
Ind Bank Housing Ltd Board Approves Q1 FY27 Unaudited Results
AI Summary
Ind Bank Housing Ltd announced that its Board of Directors, in a meeting held on July 4, 2026, has considered and approved the un-audited financial results and limited review report for the quarter ended June 30, 2026. The meeting commenced at 12:10 PM and concluded at 2:00 PM. The company's financial results for the quarter show a total revenue of ₹319.30 Lakhs and total expenses of ₹54.69 Lakhs, leading to a profit before tax of ₹264.61 Lakhs. The company also reported a total comprehensive income of ₹387.54 Lakhs for the period. Notably, the company's COR was cancelled by RBI in September 2023, and it is now engaged in asset recovery and disposal, not housing finance.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Total revenue for the quarter stood at ₹319.30 Lakhs.
- Profit before tax for the quarter was ₹264.61 Lakhs.
- Company is now focused on asset recovery post-RBI action.
- Limited review report also approved by the board.
Price Impact
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