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Bajaj Housing Finance Q4 FY25 Profit Soars 54% to Rs 5.87B

Representative image Bajaj Housing Finance of India announced a significant profit increase in its fourth-quarter results on Wednesday, buoyed by strong credit growth fueled by heightened demand for premium homes and soaring property prices in the nation. The country’s largest home loan provider by market capitalization realized a 54% increase in profit, amounting to 5.87 billion rupees ($68.8 million) for the quarter ending March 31. The demand for homes in India, especially in the premium segment that constitutes a substantial portion of Bajaj Housing Finance’s portfolio, has consistently remained strong over recent quarters. Residential real estate prices are projected to…