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Finance records net profit of 62 crore in Q1 FY26

Jul 28 2025

Finance records net profit of 62 crore in Q1 FY26

A housing finance provider reported a slight decline in net profit, posting ?62 crore for the April–June 2025 quarter, compared to ?66 crore in the same period last year.

Disbursements during the quarter increased to ?1,488 crore, up from ?1,353 crore in the corresponding period of the previous financial year.

The institution also recorded growth in its assets under management (AUM), which rose to ?18,027 crore as of June 30, 2025, compared to ?14,533 crore a year earlier.

During the June quarter, the lender expanded its footprint in central India by opening two new branches.

The entity operates as a fully owned subsidiary of a larger non-banking financial group and offers home loans, plot loans, and loans against property, with a network of over 150 branches nationwide.

 

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