It's all smiles for Sanjay Grewal, CEO, Altico Capital, as his company has recently deployed Rs 1,250 crore across five deals in Hyderabad and Pune. Altico invested Rs 500 crore across two deals with Hyderabad-based Phoenix Group for construction and development of IT SEZ projects; Rs 375 crore with Marvel Group in Pune for a bouquet of projects; Rs 240 crore with Pharande Group for development of a township project; and Rs 130 crore with Mumbai-based Jatia Group for their residential project. Altico, since its inception, has deployed more than Rs 8,500 crore across 100 plus projects covering more than 100 mn sq ft in seven cities. In addition to this, the company has reported a 48 per cent YoY jump in the net profit at Rs 173 crore for the half year ended September 2017. Speaking about the growth, Grewal said, 'We continue to maintain healthy asset quality of nil NPA's for the fifth consecutive year of our RE lending business, even in an environment impacted by the temporary disruptions caused by the otherwise stable government policies around demonetisation, RERA and GST, thereby demonstrating our high underwriting standards and superior asset management practices.'