April 20 – An Indian non-banking finance company reported a 19% increase in profit for the fourth quarter on Monday, supported by strong demand for home loans and a noticeable improvement in asset quality. The company, headquartered in the national capital region, benefited from steady growth in its housing loan portfolio, reflecting sustained interest from homebuyers despite a competitive lending environment. Improved repayment behavior and tighter credit controls also helped strengthen asset quality, leading to lower stress in the loan book. In recent quarters, the lender has been actively expanding its presence in non-premium and emerging markets, with a particular focus on the affordable housing segment. These segments generally offer higher yields, as competition from large commercial banks is relatively limited. Loans in these categories typically carry higher interest rates, contributing positively to overall margins and profitability. The strategic shift toward underserved and fast-growing markets has enabled the company to diversify its portfolio while maintaining healthy risk metrics. Management has emphasized disciplined underwriting and a cautious approach to credit expansion, which has helped balance growth with financial stability. Overall, the combination of robust loan growth, improving asset quality, and a focus on higher-yield housing segments played a key role in driving the company’s quarterly profit increase.