A housing finance firm reported a 21% increase in net profit, reaching ?245 crore in the fourth quarter of 2024–25. The profit in the same quarter last year was ?202 crore.
Total income for the quarter rose to ?834 crore, compared with ?692 crore in the year-ago period, according to a regulatory filing. Interest income increased to ?722 crore, up from ?596 crore in the same period last year.
Total expenses grew to ?517 crore, compared with ?433 crore a year earlier. Gross non-performing assets stood at 1.05% as of March 31, 2025, slightly lower than 1.08% at the end of the corresponding quarter in the previous financial year.
The board has also approved the appointment of a new independent director who previously held leadership roles in the national housing sector and contributed to several key initiatives related to affordable and low-income housing.
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