Aadhar Housing Finance's Rating Boost: A New Milestone

Aadhar Housing Finance has received an upgraded long-term rating from CARE, moving from AA to AA+. The outlook is stable. In Q4 ending March 2025, the company reported a 21% increase in net profit to Rs 245 crore, with total income rising to Rs 834 crore.

Aadhar Housing Finance has announced a significant achievement with its long-term bank facility and non-convertible debentures receiving an upgraded rating from CARE. The rating has ascended from CARE AA to CARE AA+, marking a notable improvement in the company's creditworthiness.

The outlook for the company remains stable, according to the statement released on Tuesday. This development signifies increased confidence from the rating agency in Aadhar Housing Finance's financial health and performance.

For the fourth quarter ending March 2025, Aadhar Housing Finance showcased strong financial results, reporting a 21% surge in net profit to Rs 245 crore, compared to Rs 202 crore a year prior. Total income during this period also escalated, reaching Rs 834 crore from Rs 692 crore in the corresponding timeframe of the previous year.

(With inputs from agencies.)