Aadhar Housing Finance shares surged over 4% in morning trade after the company reported strong Q3 FY25 earnings. As of 9:37 AM, the shares were trading 3.70% higher at Rs 407.50.
The non-banking finance company (NBFC) posted a 17.17% year-on-year (YoY) increase in net profit, reaching ₹239.34 crore compared to ₹204.37 crore in the same quarter last year.
The company’s total income rose 18.51% YoY to ₹797.64 crore, up from ₹673.08 crore in Q3 FY24. Assets under management (AUM) also grew 21% YoY, reaching ₹23,976 crore from ₹19,865 crore.
“There has been consistent growth in our AUM, and we have reached an AUM level of ₹23,976 crore as of Q3 FY25,” said Rishi Anand, MD & CEO of Aadhar Housing Finance.
Additionally, the company’s gross non-performing assets (GNPA) improved to 1.36%, slightly down from 1.40% in December 2023.
Aadhar Housing Finance also reported a 20% growth in disbursements and a 22% increase in PAT for the nine months ending December 31, 2024, at ₹667 crore.
Aadhar Housing Finance shares opened at ₹399.00, reaching a high of ₹409.45 and a low of ₹398.15 during the trading session. The stock’s 52-week high stands at ₹516.80, while its 52-week low is ₹292.00.
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