India Shelter Finance's Stellar Q2FY25 Performance: AUM and Disbursement Soar

India Shelter Finance Corporation showcased a robust financial performance in Q2FY25, with a 36% YoY increase in AUM reaching Rs. 7,039 Crs and a 30% YoY rise in disbursements. The strategic branch expansion contributed to growth and an upgraded credit rating promises reduced future funding costs.

Gurugram, Haryana, India - India Shelter Finance Corporation Limited has released its financial results for the second quarter of the fiscal year 2025, revealing a strong 36% Year-over-Year growth in Assets Under Management (AUM) to Rs. 7,039 Crores.

Commenting on the performance, Managing Director and CEO Rupinder Singh highlighted that the company's growth strategy, including the expansion of 24 new branches, played a significant role in the 30% YoY increase in disbursements to Rs. 828 Crores. Upgraded credit ratings from ICRA are expected to help optimize cost of funds.

The company also reported a 50% YoY growth in Profit After Tax to Rs. 90 Crores, with an improved Return on Average Assets (RoA) of 5.6%. The firm continues robust operations with a liquidity of Rs. 1,192 Crores and an effective asset quality management strategy, maintaining a Gross Stage 3 percentage of 1.2%.

(With inputs from agencies.)