Aptus Value Housing Finance reported a 19% year-on-year increase in net profit, reaching ₹261 crore for the period.
The bottom-line growth was underpinned by a 15% rise in total income, reflecting sustained demand for housing loans and effective asset management by the lender.
Aptus's performance mirrors trends seen among peers, such as Bajaj Housing Finance, which recently posted a 23% surge in net profit, underscoring the sector's overall strength.
The financial results highlight the resilience of India's housing finance sector, where lenders continue to benefit from robust credit growth.
Aptus's performance mirrors trends seen among peers, such as Bajaj Housing Finance, which recently posted a 23% surge in net profit, underscoring the sector's overall strength.
Despite the positive earnings report, Aptus shares faced selling pressure, closing at ₹260.50 on the National Stock Exchange, down 6.02% from the previous day's close.
The decline occurred even as the stock had previously outperformed the broader market, which was weighed down by rising crude oil prices.