Aadhar Housing Finance Registers 17.17% Increase in Net Profit for Q3 FY25

NEW DELHI: Aadhar Housing Finance has posted a 17.17% increase in its consolidated net profit for the quarter ended December 31, 2024.

The company’s profit after tax (PAT) rose to ₹239.34 crore in Q3 FY25, compared to ₹204.27 crore recorded in the same quarter of the previous fiscal, as per its filing with the BSE.

The company’s total consolidated income also witnessed a strong growth of 18.51%, reaching ₹797.64 crore in Q3 FY25, up from ₹673.08 crore in the corresponding quarter last year.

Commenting on the performance, Rishi Anand, MD & CEO of Aadhar Housing Finance, stated, “Our AUM has shown consistent growth, reaching ₹23,976 crore by the end of Q3 FY25, marking a 21% year-on-year increase.

Disbursements have also been robust, growing by 20% compared to Q3 FY24. For the nine-month period ending December 31, 2024, our PAT stood at ₹667 crore, reflecting a 22% year-on-year growth.”

As of December 31, 2024, the company’s assets under management (AUM) surged by 21% to ₹23,976 crore, up from ₹19,865 crore a year earlier.

Additionally, its net worth stood at ₹6,114 crore, inclusive of ₹1,000 crore raised through IPO proceeds from primary infusion.

Aadhar Housing Finance also reported an improvement in asset quality, with its gross non-performing assets (NPA) declining to 1.36% as of December 31, 2024, compared to 1.40% in the previous year, reflecting an improvement of 4 basis points.