Aptus Value Housing Posts Profit Surge

08 Nov 2024 CW Team

Aptus Value Housing Finance reported a robust 22.94% increase in net profit for Q2 FY25, driven by strong demand in India’s affordable housing sector. The company's profit reached ?161.6 crore, up from ?131.4 crore in Q2 FY24, as it continued to capitalize on demand for housing finance in semi-urban and rural areas. Total income for the quarter also rose, climbing by 27.53% to ?428.7 crore.

Aptus attributed this growth to its targeted approach in underserved markets, where demand for affordable housing remains high. The company’s loan disbursements saw significant traction, benefiting from India’s government initiatives supporting low-income housing. Additionally, the non-performing assets (NPA) ratio improved, with gross NPAs down to 1.49% from 1.81% year-over-year, reflecting enhanced collection efficiencies and a focus on credit quality.

The company’s expansion strategy has included bolstering its presence in southern India, where it has a strong market footprint. It has also invested in digital processes to streamline loan approvals and improve customer experiences, contributing to faster processing times and higher customer satisfaction. As interest rates stabilize, Aptus remains optimistic about maintaining growth momentum, with plans to expand its reach to additional Tier 2 and Tier 3 cities in the coming quarters.

In a housing market driven by affordability and government support, Aptus Value Housing Finance positions itself as a key player, leveraging its experience in the sector and a customer-first approach.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..