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Aptus Value Housing Finance India Ltd Q2FY24; 20% rise in Profits

Aptus Value Housing Finance India Ltd is a Home Loan Company. Aptus has been formed to primarily address the housing finance needs of self-employed, low and middle income families primarily from semi-urban and rural areas. Company targets first-time home buyers where collateral is self- occupied residential property.

Financial Results:

Aptus Value Housing Finance India Ltd reported Revenues for Q2FY24 of ₹334.00 Crores up from ₹268.00 Crore year on year, a rise of 24.63%.

Total Expenses for Q2FY24 of ₹155.00 Crores up from ₹120.00 Crores year on year, a rise of 29.17%.

Consolidated Net Profit of ₹148.00 Crores up 20.33% from ₹123.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.97, up 19.76% from ₹2.48 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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