Aptus Value Housing Finance has recorded a 16 per cent rise in standalone profit after tax for the latest quarter, with consolidated profit surging by 22 per cent. The company's growth is supported by expanding disbursements and a focus on productivity, as assets under management (AUM) increased by 27 per cent year-on-year. Managing Director P Balaji attributed the strong performance to consistent growth and the strategic addition of 24 branches, extending into new regions. Despite a slight increase in gross non-performing assets (NPA), the company maintained a competitive return on assets and equity, underscoring its operational and financial efficiency.
Aptus Value Housing Finance reported a 16 per cent rise in its standalone profit after tax, reaching INR 137 crore for the quarter that ended recently, compared with INR 118 crore during the same period last year.
On a consolidated level, the company's profit after tax increased by 22 per cent to INR 182 crore, up from INR 148 crore in the second quarter of the previous financial year. Standalone total income for the quarter was INR 323 crore, marking an increase from INR 277 crore in the comparable period last year.
Disbursements experienced notable growth, rising by 26 per cent to INR 935 crore, compared to INR 745 crore in the same quarter last year. The company's net profit for the second quarter of the current financial year grew by 22 per cent year-on-year, driven by business expansion, stable asset quality, and a continued focus on productivity improvements.
Managing Director P Balaji noted that the company maintained consistent growth, achieving a 27 per cent year-on-year increase in assets under management (AUM). This was supported by the addition of 24 new branches since the middle of this year, expanding into both existing and new states such as Odisha and Maharashtra. The AUM rose by 27 per cent, reaching INR 9,679 crore at the end of the recent quarter, compared to INR 7,604 crore a year prior. Aptus recorded a return on assets of 7.77 per cent and a return on equity of 18.3 per cent, which are among the highest in the sector, attributed to operational efficiency and robust financial management.
For the half-year period ending recently, standalone profit after tax increased to INR 264 crore, up from INR 238 crore in the first half of the previous financial year. Consolidated profit after tax for the same period rose to INR 354 crore, compared with INR 290 crore in the first half of last year.
While the company's gross non-performing assets (NPA) rose to 1.25 per cent in the recent quarter from 1.19 per cent in the corresponding period last year, it showed an improvement from the 1.3 per cent recorded in the previous quarter. Net NPA increased to 0.94 per cent from 0.89 per cent in the second quarter last year but decreased from 0.98 per cent in the first quarter of the current fiscal year.
In conclusion, Aptus Value Housing Finance's latest results underscore its commitment to growth and efficient management. With a steady increase in profit, an expanding branch network, and competitive asset returns, the company is well-positioned for sustained performance. Although minor increases in NPAs were observed, the reduction from the previous quarter suggests that Aptus is proactively managing credit quality, laying a solid foundation for further expansion in both existing and new markets.
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