Aadhar Housing Finance reported a robust set of numbers for the quarter ended June 2025, with net profit rising 18.5% year-on-year to ₹237.2 crore, almost exactly in line with the CNBC-TV18 poll estimate of ₹238 crore.
Net interest income (NII) also met expectations, coming in at ₹428 crore compared the CNBC-TV18 poll estimate of ₹427 crore, marking a 21.6% growth from ₹352 crore in the same quarter last year.
The company’s assets under management (AUM) grew 22% on a yearly basis to ₹26,524 crore, reflecting healthy demand in the affordable housing segment.
Its net worth stood at ₹6,616 crore as of June 30, 2025, which includes ₹1,000 crore raised through its recent IPO. Gross NPAs rose marginally to 1.34% in the first quarter from 1.31% a year ago.
Commenting on the performance and the industry outlook, Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd, said, “The affordable housing finance sector has gained strong momentum over the past year, supported by proactive government measures and rising demand.”
He pointed to the Reserve Bank of India’s third consecutive repo rate cut, bringing it down by 50 basis points to 5.50% in June 2025, as a key development in the quarter.
“Backed by a robust operational foundation and a customer-centric strategy, Aadhar Housing Finance remains well-positioned to continue its growth journey,” he added.
Leadership changes
Separately, the company announced changes in leadership.
Sreekanth VN will retire as chief compliance officer at the close of business on August 14, 2025, as per company policy. His successor, Pratik Jariwala, currently serving as head of internal audit, has been appointed as chief compliance officer for a three-year term starting August 15, 2025.
He will step down from his current role at the close of business on July 25, 2025.
Shares of Aadhar Housing Finance Ltd ended lower on Friday (July 25) at ₹496.90 by 2.89% or ₹14.80.
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First Published: Jul 25, 2025 6:15 PM IS
