Aadhar Housing Finance Q2 results: Net profit rises 15.7% to ₹308.3 crore, total income up 16.8%
Aadhar Housing Finance reported a 15.7% increase in Q2 FY27 net profit to ₹308.3 crore, with total income rising 16.8% to ₹1,048 crore. Assets under management grew 18% to ₹32,643.
Aadhar Housing Finance reported a 15.7% year-on-year increase in net profit to ₹308.3 crore for the second quarter of FY27, compared with ₹266.4 crore in the corresponding quarter last year. Total income rose 16.8% to ₹1,048 crore from ₹897 crore in the year-ago period.The company's consolidated financial results showed that interest income from loans stood at ₹897.9 crore in Q2 FY27, compared with ₹771.4 crore in Q2 FY26. Other interest and investment income was ₹32.5 crore, while non-interest income stood at ₹52.1 crore during the quarter.Net interest margin increased 18% year-on-year to ₹658.8 crore from ₹557.6 crore.
Finance costs rose to ₹389.1 crore from ₹341.6 crore in the corresponding quarter last year.Operating expenses stood at ₹237.5 crore, compared with ₹201.7 crore a year ago. Pre-provision operating profit increased 18% to ₹421.3 crore from ₹355.9 crore. Credit costs rose to ₹24.2 crore from ₹13.2 crore in Q2 FY26.Profit before tax increased 16% year-on-year to ₹397.1 crore from ₹342.7 crore.
The company reported tax expenses of ₹88.7 crore during the quarter, compared with ₹76.3 crore in the year-ago period.Aadhar Housing Finance's assets under management grew 18% year-on-year to ₹32,643 crore as of September 30, 2026, from ₹27,554 crore a year earlier. Loan disbursements during the quarter rose 22% to ₹2,577 crore from ₹2,110 crore in Q2 FY26.The company's gross non-performing assets stood at 1.34% of AUM at the end of September, improving by 8 basis points from 1.42% a year earlier. Net worth increased 19% year-on-year to ₹8,201 crore.The company reported a return on assets of 4.2% for Q2 FY27, compared with 4.3% in the year-ago quarter.
Return on equity stood at 15.2%, against 15.7% a year earlier.Aadhar Housing Finance said it incurred a pre-tax charge of ₹14.2 crore in Q2 FY27 under its Employee Stock Options Plan 2025. Adjusting for this cost, profit after tax for the quarter would have been ₹319 crore, representing 20% year-on-year growth, compared with reported growth of 16%.During the quarter, the company added a branch in Jammu, taking its network to 632 branches across 23 states and more than 555 districts as of September 30, 2026. Its total loan accounts stood at over 3.48 lakh.Shares of Aadhar Housing Finance closed at ₹438.25 on the NSE, up ₹7.05 or 1.63%.
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