At the end of FY25, the lender’s asset quality has improved to 1.08%, compared to 1.5% a year earlier. The goal for this year is to reduce the gross non-performing assets (NPA) to below 1%.
CHENNAI: Aptus Value Housing Finance India Ltd, a home loan company, reported a consolidated profit of ₹207.02 crore for the January-March 2025 quarter, reflecting an increase from ₹164.03 crore during the same period last year. For the financial year ending March 31, 2025, profit rose to ₹751.24 crore, up from ₹611.89 crore in the previous year. “I am pleased to announce that FY25 has been a successful year for Aptus, characterized by significant progress and robust growth in Assets Under Management (AUM),” commented Managing Director P Balaji. “During FY2025, we expanded our footprint by opening 38 new branches, boosting our…
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!…
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…