India Home Loans announced that the Board of Directors of the Company at its meeting held on 13 June 2021, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 1%) , subject to the approval of the shareholders.

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The Board of India Home Loans at its meeting held on 15 June 2021 has approved the appointment of Mahesh Fogla as Additional Director (Independent) of the Company with effect from 15 June 2021.

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Net profit of India Home Loans declined 55.49% to Rs 0.73 crore in the quarter ended March 2021 as against Rs 1.64 crore during the previous quarter ended March 2020. Sales declined 11.49% to Rs 7.32 crore in the quarter ended March 2021 as against Rs 8.27 crore during the previous quarter ended March 2020.

For the full year,net profit declined 60.00% to Rs 1.12 crore in the year ended March 2021 as against Rs 2.80 crore during the previous year ended March 2020. Sales declined 3.74% to Rs 31.13 crore in the year ended March 2021 as against Rs 32.34 crore during the previous year ended March 2020.

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India Home Loans will hold a meeting of the Board of Directors of the Company on 15 June 2021..

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