India Shelter Finance Corporation Reports Strong Q1FY25 Financial Results

India Shelter Finance Corporation Limited announced robust unaudited financial results for Q1FY25. The company achieved a 37% YoY growth in AUM, reaching Rs. 6,509 Crs, and a 77% YoY increase in PAT, totaling Rs. 84 Crs. The positive performance was supported by expanding disbursements and strategic branch expansion.

India Shelter Finance Corporation Limited has announced its unaudited financial results for the quarter ending June 30, 2024, showcasing substantial growth across key performance metrics.

The company reported an annual growth of 37% in Assets Under Management (AUM), reaching Rs. 6,509 Crs, while the Profit After Tax (PAT) soared by 77% YoY to Rs. 84 Crs. Disbursements also saw a 23% YoY increase, amounting to Rs. 715 Crs.

Managing Director and CEO Mr. Rupinder Singh attributed the positive results to sustainable growth strategies and deeper penetration into existing geographies. As of last quarter, India Shelter operates from 236 branches across 15 states, having added 13 new branches. Singh emphasized the company's focus on maintaining solid margins and healthy return ratios moving forward.

(With inputs from agencies.)