Vax Housing Finance Corporation Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2015. For the quarter, total income from operations was INR 1.395 million compared to INR 0.373 million for the same period a year ago. Profit from operations before other income finance cost and exceptional items was INR 0.148 million compared to INR 0.005 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.148 million compared to INR 0.005 million for the same period a year ago. Net profit for the period was INR 0.122 million or INR 0.01 per basic and diluted earnings per share compared to INR 0.005 million or INR 0.03 per diluted earnings per share for the same period a year ago.

For the six months, total income from operations was INR 2.722 million compared to INR 3.903 million for the same period a year ago. Profit from operations before other income finance cost and exceptional items was INR 0.284 million compared to INR 0.355 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.284 million compared to INR 0.355 million for the same period a year ago. Net profit for the period was INR 0.234 million or INR 0.02 per basic and diluted earnings per share compared to INR 0.325 million or INR 0.03 per basic and diluted earnings per share for the same period a year ago.