Housing Finance company India Shelter Finance Corporation announced Q2FY25 results Profitability: Profit after tax grew 50% YoY to Rs 90 crore in Q2FY25 as against Rs 60 crore in Q2FY24. RoA improved to 5.6% in Q2FY25 from 5.1% in Q2FY24. RoE stood at 14.8% for Q2FY25 Borrowings & Liquidity: Networth is at Rs 2,489 crore as of Q2FY25. The company continues to carry a liquidity of Rs 1,192 crore as of Q2FY25. In Q2FY25, cost of funds was maintained at 8.8%. Asset Quality & Provisions: Gross Stage 3 and Net Stage 3 at 1.2% and 0.9% as of Q2FY25. 30+ DPD at 3.6% as of Q2FY25. Credit Cost for the quarter at 0.5%. Rupinder Singh, Managing Director, and CEO of India Shelter Finance Corporation said: We delivered another quarter of consistent performance with sustainable growth in our AUM. We are pleased to report an AUM growth of 36% YoY to Rs 7,039 crore supported by disbursement growth of 30% YoY to Rs 828 crore. Growth in disbursement is driven by expansion of branches, improvement in productivity and vintage of our branches. During the quarter we opened 24 branches across the nation as part of our stated branch expansion strategy, with this we have a presence of 260 branches across 15 states. During the quarter, ICRA Rating has upgraded our credit rating from A+ to AA - Stable, this will help us further optimize our cost of funds over the medium term. Result PDF