Bajaj Housing Finance : PAT for Q2 FY25 increased by 21%

 

  • Bajaj Housing Finance : PAT for Q2 FY25 increased by 21%
  • Performance Highlights for Q2 FY25
  • BHFL enjoys the highest credit rating of AAA/Stable for its long -term debt programme from CR ISI L and India Ratings and A1+ for short-term debt programme from CR ISIL and India Ratings. 
  • Annualized return on average equity for 02 FY25 was 13.0% as against 16.1% in 02 FY24. 
  • Annualized return on average assets for 02 FY25 was 2.5% as against 2.6% in 02 FY24. 
  • Gross NPA and Net NPA as of 30 September 2024 stood at 0.29% and 0.12% respectively, as against 0.24% and 0.09% as of 30 September 2023. Provisioning coverage ratio on stage 3 assets at 58% . 
  • Assets under management grew by 26% to ~ 1.02,569 crore as of 30 September 2024 from 81,215 crore as of 30 September 2023.  
  • Profit after tax for Q2 FY25 increased by 21% to , 546 crore from , 451 crore in Q2 FY24.

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