A housing finance institution reported a 23% rise in net profit to ?534 crore for the first quarter ended June 2025. In the same quarter last year, the organisation had posted a net profit of ?433 crore.
Total income for the quarter increased to ?2,082 crore, up from ?1,832 crore reported during the corresponding period of the previous financial year, according to a regulatory filing.
Interest income rose to ?1,980 crore from ?1,739 crore recorded a year earlier. Net interest income grew 17% to ?760 crore at the end of Q1 FY25 compared to ?651 crore in the year-ago period.
The net interest margin improved to 3.75%, slightly higher than 3.65% reported in the first quarter of the previous year.
Gross non-performing assets (NPAs) declined to 1.06%, compared with 1.3% at the end of June 2024.
The capital adequacy ratio stood at 29.68% as of June 30, 2025, with Tier I capital at 28.96% and Tier II at 0.72%. This compares to a ratio of 29.50% a year earlier, with Tier I capital at 28.43% and Tier II at 0.72%.
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