Aptus Value Housing Finance on Thursday reported a 28% year-on-year rise in its consolidated net profit to ₹219.25 crore for the first quarter of FY26, aided by higher interest income.
Revenue from operations grew 32% to ₹520.26 crore while interest income rose 23% to ₹469.53 crore.
Spreads steady at 8.7%, PAT climbs up by 31%
“Our spreads continue to hold up strongly at 8.7%. The operating expenditure remains low at 2.7%, driving a 31% YoY growth in the operating PAT to ₹296 crore,” managing director P Balaji said in a release. Disbursements for the quarter stood at ₹775 crore, up 15% year-on-year, but down 27% sequentially. Assets under management rose 24% to ₹11,267 crore.
Asset quality slightly declines
The asset quality marginally weakened, with gross non-performing assets (GNPA) rising to 1.5% from 1.19% in Q4FY25. Net NPA increased to 1.12% from 0.89% in the previous quarter.
“We saw a slight increase in delinquency due to seasonality, resulting in a 19-bps sequential rise in GNPAs to 1.49%. Credit cost was up 8 bps quarter-on-quarter, but remains within our 45-50-bps guidance,” Balaji said.