Aptus Value Housing Finance India reported a 24% rise in net profit to INR 227 crore for the September quarter, up from INR 182 crore last year, supported by robust business growth and improved asset performance. Total income rose to INR 554 crore from INR 435 crore, while AUM expanded 22% year-on-year to INR 11,767 crore. The board declared an interim dividend of INR 2 per share for FY26. Although gross NPAs edged up slightly to 1.55%, Managing Director P. Balaji highlighted steady disbursement growth of 24% QoQ to INR 963 crore. With a medium-term goal of INR 25,000 crore AUM, Aptus remains focused on sustaining its 25% growth trajectory and maintaining financial resilience.
Aptus Value Housing Finance India announced a 24 per cent rise in net profit to INR 227 crore for the quarter ending September, supported by steady business growth and improved asset performance. The mortgage lender, based in Chennai, had reported a profit of INR 182 crore during the same period a year earlier.
The company's total income for the reviewed quarter grew to INR 554 crore from INR 435 crore in the corresponding quarter of the previous year. Interest income during this period increased to INR 472 crore, compared with INR 405 crore a year ago. Meanwhile, total expenses rose to INR 259 crore from INR 198 crore previously.
The board declared an interim dividend of INR 2 per equity share, representing 100 per cent of the face value of INR 2 each, for the financial year 2025-26. The firm's Assets Under Management (AUM) expanded by 22 per cent to INR 11,767 crore, compared with INR 9,679 crore recorded at the end of the same quarter last fiscal.
In terms of asset quality, Aptus Value Housing witnessed a marginal rise in delinquencies, with gross non-performing assets increasing by six basis points to 1.55 per cent, while net non-performing assets stood at 1.17 per cent.
Managing Director P. Balaji remarked that the second quarter had been resilient, marked by consistent growth, strong profitability, and effective portfolio management. He stated that disbursements grew 24 per cent quarter-on-quarter to INR 963 crore, driven by steady demand. Balaji added that with a vision to achieve INR 25,000 crore AUM in the medium term, the company intends to build upon its current momentum and sustain a 25 per cent growth trajectory.
Aptus Value Housing Finance's performance in the past quarter underscored its stability and strategic focus on expanding its retail mortgage portfolio. With income, profits, and AUM showing steady improvement and the management reaffirming its long-term growth outlook, the firm appears well positioned to maintain consistent expansion while balancing profitability and asset quality in upcoming quarters.
Source - PTI
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