Bajaj Housing Finance Limited on April 23 reported a net profit of Rs 2,163 crore for the full year FY25, up 25 percent from Rs 1,731 crore in FY24.
Net interest income for FY25 grew by 20 percent to Rs 3,007 crore, while total income stood at Rs 9,576 crore.
Loan assets grew 25 percent year-on-year to Rs 99,513 crore as of March 31, 2025, and assets under management expanded to Rs 1,14,684 crore, up 26 percent.
The company ended the year with a capital adequacy ratio of 28.24 percent.
For Q4 alone, BHFL posted a 54 percent year-on-year rise in net profit for Q4 FY25, with earnings coming in at Rs 587 crore, compared to Rs 381 crore in the same quarter last year.
The company saw a 31 percent increase in net interest income, which rose to Rs 823 crore in Q4 FY25, driven by strong loan disbursements and higher fee income, according to the company's regulatory filing.
Total income for the quarter stood at Rs 2,508 crore, up from Rs 1,997 crore in Q4 FY24.
Revenue from operations rose to Rs 2,508 crore from Rs 1,996 crore a year earlier.
Interest income was Rs 2,374 crore in Q4, marking a 24 percent jump from the previous year.
On the expenses front, finance costs climbed to Rs 1,551 crore, reflecting a 21 percent increase from Rs 1,279 crore in Q4 FY24. However, the company managed to reduce its operating cost ratio, with operating expenses to net total income dropping to 21.7 percent from 27 percent a year ago.
Operating profit jumped 43 percent to Rs 750 crore.
Gross non-performing assets (NPAs) were contained at 0.29 percent while net NPAs stood at 0.11 percent. The provision coverage ratio was maintained at 60 percent.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
