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Aadhar Housing Finance has said CARE has upgraded the rating of the company's long-term bank facility and non-convertible debentures (NCDs) by a notch. The rating agency has improved rating to CARE AA+ from CARE AA, Aadhar Housing Finance said in a statement on Tuesday. The outlook has been kept stable, it said. For the fourth quarter ended March 2025, Aadhar Housing Finance reported a 21 per cent rise in net profit to Rs 245 crore as against Rs 202 crore in the same quarter a year ago. Total income during the quarter under review rose to Rs 834 crore from Rs 692 crore in the year-ago period.
Aadhar Housing Finance on Tuesday reported a 21 per cent improvement in net profit to Rs 245 crore in the fourth quarter of 2024-25. The housing finance company earned a profit of Rs 202 crore in the same quarter a year ago. Total income during the quarter under review rose to Rs 834 crore from Rs 692 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing. During the quarter, interest income increased to Rs 722 crore compared to Rs 596 crore in the same period a year ago. Total expenses increased to Rs 517 crore against Rs 433 crore a year earlier. Gross non-performing assets declined to 1.05 per cent as of March 31, 2025, compared to 1.08 per cent at the end of the fourth quarter of the previous financial year. The mortgage firm's Asset Under Management (AUM) grew by 21 per cent to Rs 25,531 crore from Rs 21,121 crore at the end of March 31, 2024. For the financial year ended March 31, 2025, the profit rose by 22 per cent to Rs 912 crore as compared to
Aadhar Housing Finance on Thursday reported a 17 per cent increase in net profit to Rs 239 crore in the December quarter. The housing finance company earned a profit of Rs 204 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal grew to Rs 785 crore from Rs 659 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing. During the quarter, interest income improved to Rs 714 crore compared to Rs 579 crore in the same period a year ago. Total expenses increased to Rs 478 crore against Rs 398 crore a year earlier. Gross non-performing assets declined to 1.36 per cent as of December 31, 2024, compared to 1.40 per cent at the end of the third quarter of the previous financial year. The mortgage firm's Asset Under Management (AUM) grew by 21 per cent to Rs 23,976 crore from Rs 19,865 crore as of December 31, 2023.
Aadhar Housing Finance, which caters to the affordable segment, expects its asset under management (AUM) to cross Rs 25,000 crore by the end of the current financial year. "We closed the first half with the AUM of Rs 22,817 crore (from Rs 18,885 crore as of September 30, 2023). Going by the growth rate of 23-24 per cent, AUM should increase to Rs 25,000-26,000 crore by the end of March 2025," Aadhar Housing Finance, MD and CEO Rishi Anand told PTI. Focused on the low-income housing segment, he said, "Our average ticket size stands at Rs 10 lakh with an average loan-to-value ratio at 59 per cent, catering to the salaried customer segment at 56 per cent of our portfolio.. Profit grew by 24 per cent to Rs 428 crore in the first half as against Rs 344 crore reported in the same period a year ago. "We have successfully maintained the quality of the book at a Gross NPA drop of 6 basis points at 1.29 per cent with a healthy collection efficiency at 99 per cent," he said. To fund business