Can Fin Homes posts Rs 20-crore net profit

Bangalore: Can Fin Homes Ltd has posted a net profit of Rs 19.81 crore for the fiscal ended 31 March 2002. The Q4 net rose to Rs 5.54 crore. The board has recommended a dividend of 25 per cent.

Loan sanctions in 2001-02 touched Rs 401.22 crore while disbursements stood at Rs 354.19 crore. Cumulative sanctions by Can Fin Homes total Rs 2,337.02 crore while cumulative disbursements were at Rs 1,909.25 crore as on 31 March 2002, according to a press release issued here.