The consolidated whole earnings of the corporate for the fiscal 12 months 2023–24 grew 27 per cent to ₹ 2587 crore (₹ 2,044 crore).
AHFL, which lately acquired listed on the bourses, has reported a 44 % enhance in consolidated web revenue for the quarter ended March 31, 2024, at ₹202 crore (₹140 crore).
Commenting on the FY24 efficiency, Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd, mentioned, “Monetary 12 months 2024 has been a wonderful 12 months for us, characterised by strong monetary achievements and enlargement efforts sustaining our development trajectory.”
AHFL ended fiscal 2023-24 with property underneath administration of ₹21,121 crore, a development of 23 % year-on-year. This was led by a 20 % development in disbursements.
Gross NPA (GNPA) on AUM for the 12 months 2023-24 stood at 1.08 % and web NPA stood at 0.71 % as in contrast with FY23 ranges of 1.16 % and 0.84 per cent, respectively.
“We expanded our attain pan India with greater than 523 branches protecting 534 districts throughout 20 states, serving 266k+ stay accounts. We intention to develop our distribution to attain deeper market penetration, and this enlargement might be executed systematically,” Anand mentioned.
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