Aadhar Housing Finance Q4 Result: Profit rises 21% to ₹245 cr
Published on 07/05/2025 07:42 PM
Aadhar Housing Finance Q4 Result: Profit rises 21% to ₹245 crDuring the quarter, interest income increased to ₹722 crore compared to ₹596 crore in the same period a year ago. Total expenses increased to ₹517 crore against ₹433 crore a year earlier.By PTI May 7, 2025, 7:42:20 PM IST (Published)2 Min ReadAadhar Housing Finance on Tuesday reported a 21% improvement in net profit to ₹245 crore in the fourth quarter of 2024-25.
The housing finance company earned a profit of ₹202 crore in the same quarter a year ago.
Total income during the quarter under review rose to ₹834 crore from ₹692 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing.
During the quarter, interest income increased to ₹722 crore compared to ₹596 crore in the same period a year ago.
Total expenses increased to ₹517 crore against ₹433 crore a year earlier.
Gross non-performing assets declined to 1.05% as of March 31, 2025, compared to 1.08% at the end of the fourth quarter of the previous financial year.
The mortgage firm's Asset Under Management (AUM) grew by 21% to ₹25,531 crore from ₹21,121 crore at the end of March 31, 2024.
For the financial year ended March 31, 2025, the profit rose by 22% to ₹912 crore as compared to ₹750 crore in the previous financial year.
Meanwhile, the board has approved the appointment of Raj Vikash Verma as an independent director on the company's board.
Verma, former chairman and managing director of National Housing Bank, played a key role in the formulation of various innovative national-level schemes and programmes on affordable and low-income housing of NHB and the Government of India.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAadhar Housing FinanceearningsQ4 results