Aadhar Housing Finance Reports Highest Net Sales and Operating Profit in Q1 FY25

Aadhar Housing Finance, a midcap company in the finance/NBFC industry, recently announced its financial results for the quarter ending June 2024. The company reported a net sales of Rs 696.78 crore, which is the highest in the last five quarters. This shows a consistent growth trend in their sales performance.

The operating profit (PBDIT) for the quarter was also at its highest at Rs 540.32 crore, with a positive growth trend in the last five quarters. This indicates a strong performance in their operations.

In terms of profitability, Aadhar Housing Finance reported a profit after tax (PAT) of Rs 401.59 crore for the half-yearly period, showing a growth of 31.03% year on year. This reflects a positive trend in their profitability in the near term.

Based on these financial results, MarketsMOJO has given a ‘Hold’ call for the company’s stock. This suggests that the company’s performance is stable and investors should hold onto their investments.

Aadhar Housing Finance’s strong sales and operating profit performance, along with a positive trend in profitability, indicate a promising future for the company. However, it is important to note that this article is based solely on the company’s financial results and does not include any external data or sources.