Aptus Value Housing Finance India Limited reported a consolidated net profit of Rs 190.5 crore for the quarter ended December 31, 2024 (Q3 FY25), marking a 22% year-on-year (YoY) increase from Rs 157.6 crore in Q3 FY24. The profit growth was driven by higher interest income and efficient cost management.
Key financial highlights for Q3 FY25 (Consolidated):
- Total income: Rs 464.68 crore, up 28% YoY from Rs 362.64 crore in Q3 FY24.
- Revenue from operations: Rs 450.05 crore, compared to Rs 351.42 crore YoY.
- Interest income: Rs 433.47 crore, up from Rs 338.46 crore in the same quarter last year.
- Net profit: Rs 190.5 crore, up from Rs 157.6 crore in Q3 FY24.
- Profit before tax: Rs 245.53 crore, an increase from Rs 205.14 crore in the same period last year.
Expenses and tax:
- Total expenses: Rs 219.1 crore, compared to Rs 157.5 crore YoY, primarily due to higher finance costs.
- Tax expense: Rs 55.02 crore, up from Rs 47.56 crore YoY, reflecting higher earnings.
Sequential performance (Q3 FY25 vs. Q2 FY25):
- Net profit increased from Rs 181.96 crore in the previous quarter.
- Revenue from operations also grew from Rs 421.39 crore in Q2 FY25.
TOPICS:
Aptus Value Housing Finance