Housing FinanceLatest Stories

Repco Home Finance Q2 FY26 Net Profit Drops 5.12%

NEW DELHI: Repco Home Finance reported a 5.12% decrease in its consolidated net profit for the quarter ending September 30, 2025. The profit after tax for Q2 FY26 was ₹103.15 crore, down from ₹108.72 crore in the same quarter last year, according to a BSE filing. The company’s consolidated total income for Q2 FY26 was ₹441.90 crore, reflecting a 4.18% increase from ₹424.19 crore in the corresponding quarter of the previous fiscal year. The overall loan portfolio amounted to ₹15,033 crore as of September 30, 2025, an increase of 7.7% from ₹13,964 crore a year earlier. The assets under management…

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Unity SFB Tops Aviom India Housing Race with ₹775 Crore Bid

MUMBAI: Unity Small Finance Bank has taken the lead in the competitive bidding for Aviom India Housing Finance, which is backed by impact investors, tendering an upfront payment of ₹775 crore, according to multiple sources familiar with the situation. Other competitors include Authum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance, and Omkara Asset Reconstruction Company. Authum has proposed ₹750 crore, consisting of ₹450 crore upfront with the remainder staggered over two years. Northern Arc submitted an offer of ₹625 crore, including ₹325 crore upfront and the rest payable in two years. DMI Housing’s offer includes an upfront…

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Blackstone Secures CCI Nod for 80% Stake in Aadhar Housing

NEW DELHI: The Competition Commission of India (CCI) has approved the proposal from Blackstone’s subsidiary to acquire up to 80.15% stake in Aadhar Housing Finance Ltd. Blackstone, through its arm BCP Asia II Holdco VII Pte Ltd, is set to acquire the 80.15% stake in Aadhar Housing Finance Ltd (AHFL). The CCI’s release stated: “The proposed combination involves the acquisition of up to 80.15% shareholding in Aadhar Housing Finance Ltd (target/AHFL) by BCP Asia II Holdco VII Pte. Ltd (acquirer/BCP Asia) via a secondary acquisition and an open offer to the public shareholders of the target.” Aadhar Housing Finance Ltd…

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Aadhar Housing Finance Q2 FY26 Net Profit Up 17.12%

NEW DELHI: Aadhar Housing Finance has announced a 17.12% rise in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax reached ₹266.47 crore in Q2 FY26, compared to ₹227.51 crore during the same quarter last year, as disclosed in a BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹899.26 crore, marking a 17.66% increase from ₹764.28 crore in the corresponding quarter of the previous year. Rishi Anand, MD & CEO, stated, “We completed the first half of FY26 strongly, buoyed by robust operational performance and consistent demand in the affordable…

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Bajaj Housing Finance Q2 FY26 Net Profit Rises 17.84%

NEW DELHI: Bajaj Housing Finance has announced a 17.84% increase in net profit for the quarter ending September 30, 2025. The profit after tax reached ₹642.96 crore for Q2 FY26, compared to ₹545.60 crore during the same quarter last year, according to a filing with the BSE. The company’s net total income for Q2 FY26 was ₹2,755 crore, marking a 14.30% growth from ₹2,410.24 crore reported in the previous year’s corresponding quarter. As of September 30, 2025, the net worth stood at ₹21,169.67 crore, with a debt-equity ratio of 4.44. Total debts to total assets was 0.8, net profit margin…

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PNB Housing Finance Selects Four Candidates for CEO Role

MUMBAI: PNB Housing Finance, the third-largest housing finance company in India, has shortlisted four candidates for the role of managing director and CEO. Ajai Shukla, chief business officer at Tata Capital Housing Finance, is reportedly the leading candidate, according to sources familiar with the situation. The other contenders include Jatul Anand, executive director at PNB Housing Finance; Sachinder Bhinder, MD & CEO of Aavas Financiers; and Rajan Suri, chief business officer at Aditya Birla Housing Finance. These names have been submitted to the Reserve Bank of India (RBI) and the National Housing Bank (NHB) for consideration, as regulatory approval is…

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Aptus Value Housing Finance Q2 FY26 Net Profit Up 24.5%

NEW DELHI: Aptus Value Housing Finance India has reported a net consolidated profit growth of 24.50% for the quarter ending September 30, 2025. The profit after tax for Q2 FY26 was ₹226.54 crore, up from ₹181.96 crore in the same quarter last year, according to a filing with the BSE. The company’s net consolidated total income reached ₹553.68 crore in Q2 FY26, reflecting a 27.44% increase from ₹434.47 crore for the corresponding quarter last year. P. Balaji, the company’s managing director, noted, “Disbursements increased by 24% quarter-on-quarter to ₹963 crore in Q2 FY26. Although we observed a slight uptick in…

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IIFL Home Finance Names Girish Kousgi as MD & CEO

NEW DELHI: IIFL Home Finance, part of IIFL Finance, has named Girish Kousgi as its managing director and chief executive officer, starting October 30, 2025. Kousgi will oversee all business operations, focusing on home loans, the non-home loan segment, MSME loans, and construction finance. Before joining IIFL Home Finance, he was the MD & CEO of PNB Housing Finance. With almost 30 years of experience, he has held senior roles at Can Fin Homes, Tata Capital Financial Services, IDFC Bank, and ICICI Bank. Published On Oct 30, 2025 at 01:23 PM IST Join a community of over 2M industry professionals!…

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LIC Housing Finance Q2 FY26 Net Profit Rises 1.63%

NEW DELHI: LIC Housing Finance has shown a slight increase of 1.63% in its consolidated net profit for the quarter ending September 30, 2025. The profit after tax reached ₹1,349.37 crore in Q2 FY26, compared to ₹1,327.79 crore from the same quarter of the previous fiscal year, according to a BSE filing. The net consolidated total income for the company amounted to ₹7,179.77 crore in Q2 FY26, marking a growth of 3.48% from ₹6,938.31 crore reported during the same period last year. Tribhuwan Adhikari, the Managing Director & CEO, stated, “Our Q2 FY2026 results reflect ongoing momentum in the housing…

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PNB Housing Finance Q2 FY26 Net Profit Up 23.83%

NEW DELHI: PNB Housing Finance has reported a 23.83% increase in net consolidated growth for the quarter ending September 30, 2025. The profit after tax stood at ₹581.59 crore in Q2 FY26, up from ₹469.68 crore in the same quarter last fiscal year, according to a BSE filing. The company’s net consolidated total income for Q2 FY26 was ₹2,130.60 crore, reflecting a year-on-year growth of 13.35% from ₹1,879.66 crore in the same quarter last year. Jatul Anand, executive director of PNB Housing Finance, stated, “Despite facing challenges from leadership transitions, we’ve shown robust performance across key metrics this quarter. Our…