Aptus Value Housing Finance Reports Strong Growth with 26% Profit Surge
Aptus Value Housing Finance's net profit increased by 26% year-on-year to Rs 261 crore for the March quarter, thanks to technological enhancements. The company's total income grew 19% to Rs 594 crore. Asset quality saw a slight decline, with gross NPAs rising to 1.5% and net NPAs to 1.2%.
Aptus Value Housing Finance announced a remarkable 26% increase in net profit to Rs 261 crore for the March quarter, capitalizing on technology enhancements and process improvements.
The housing finance company saw its total income grow by 19% to Rs 594 crore, despite a slight dip in asset quality, with gross NPAs rising to 1.5%.
Managing Director P Balaji highlighted strengthened growth momentum for FY26, with a 26% profit increase to Rs 943 crore and the highest-ever quarterly disbursements of Rs 1,242 crore. Shares experienced a 3.28% rise on the BSE, trading at Rs 275.7.
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