Aptus Value Housing Finance Q3 Financial Highlights

In a remarkable financial update, Aptus Value Housing Finance has announced a 22% increase in its profit after tax (PAT) for the third quarter of the fiscal year 2024-25. The company's PAT rose to Rs 191 crore, up from Rs 157 crore in the same quarter of the previous year.

Disbursements and Asset Quality

The housing finance company also reported a 21% growth in disbursements, reaching Rs 930 crore in Q3 FY25, compared to Rs 768 crore in the year-ago quarter. Despite a challenging macro environment, Aptus Value Housing Finance managed to keep its gross NPA at a manageable level of 1.28%, slightly up from 1.19% in the previous quarter.

Leadership's Perspective

P Balaji, Managing Director of Aptus Value Housing Finance, attributed the growth in net profit to robust business growth, stable asset quality, and a focus on enhancing productivity. He also noted that the marginal increase in NPA was primarily due to the macro environment and seasonality factors.