Aptus Value Housing Posts Profit Surge
Real Estate

Aptus Value Housing Posts Profit Surge

Aptus Value Housing Finance reported a robust 22.94% increase in net profit for Q2 FY25, driven by strong demand in India’s affordable housing sector. The company's profit reached ?161.6 crore, up from ?131.4 crore in Q2 FY24, as it continued to capitalize on demand for housing finance in semi-urban and rural areas. Total income for the quarter also rose, climbing by 27.53% to ?428.7 crore.

Aptus attributed this growth to its targeted approach in underserved markets, where demand for affordable housing remains high. The company’s loan disbursements saw significant traction, benefiting from India’s government initiatives supporting low-income housing. Additionally, the non-performing assets (NPA) ratio improved, with gross NPAs down to 1.49% from 1.81% year-over-year, reflecting enhanced collection efficiencies and a focus on credit quality.

The company’s expansion strategy has included bolstering its presence in southern India, where it has a strong market footprint. It has also invested in digital processes to streamline loan approvals and improve customer experiences, contributing to faster processing times and higher customer satisfaction. As interest rates stabilize, Aptus remains optimistic about maintaining growth momentum, with plans to expand its reach to additional Tier 2 and Tier 3 cities in the coming quarters.

In a housing market driven by affordability and government support, Aptus Value Housing Finance positions itself as a key player, leveraging its experience in the sector and a customer-first approach.

Aptus Value Housing Finance reported a robust 22.94% increase in net profit for Q2 FY25, driven by strong demand in India’s affordable housing sector. The company's profit reached ?161.6 crore, up from ?131.4 crore in Q2 FY24, as it continued to capitalize on demand for housing finance in semi-urban and rural areas. Total income for the quarter also rose, climbing by 27.53% to ?428.7 crore. Aptus attributed this growth to its targeted approach in underserved markets, where demand for affordable housing remains high. The company’s loan disbursements saw significant traction, benefiting from India’s government initiatives supporting low-income housing. Additionally, the non-performing assets (NPA) ratio improved, with gross NPAs down to 1.49% from 1.81% year-over-year, reflecting enhanced collection efficiencies and a focus on credit quality. The company’s expansion strategy has included bolstering its presence in southern India, where it has a strong market footprint. It has also invested in digital processes to streamline loan approvals and improve customer experiences, contributing to faster processing times and higher customer satisfaction. As interest rates stabilize, Aptus remains optimistic about maintaining growth momentum, with plans to expand its reach to additional Tier 2 and Tier 3 cities in the coming quarters. In a housing market driven by affordability and government support, Aptus Value Housing Finance positions itself as a key player, leveraging its experience in the sector and a customer-first approach.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000