ALPHA TRIBE

IndoStar Capital Finance LimitedUpdates, 20-01-2025: Press Release

20-01-2025 | 06:09 pm

IndoStar Capital Finance Limited reported strong performance for Q3 FY25, with consolidated PAT increasing by 64% year-on-year (YoY) to ₹28 crore. Assets Under Management (AUM) grew 32% YoY to ₹10,625 crore, reflecting a 5% increase from the previous quarter. Disbursements also rose by 17% YoY, totaling ₹1,572 crore. The company saw significant growth in its vehicle finance segment, with AUM reaching ₹7,303 crore, a 51% YoY increase, alongside a 18% uptick in disbursements to ₹1,265 crore.

IndoStar has initiated a preferential share issue to BCP V Multiple Holdings, receiving ₹205 crore of the total ₹257 crore subscription. Additionally, the firm sold a stressed asset pool valued at ₹174 crore, signaling proactive portfolio management. The standalone financials reflect a PAT of ₹11 crore with maintained strong capital adequacy ratios—28.51% for IndoStar and 52.62% for its housing finance subsidiary. Investors should note the positive outlook and continued focus on growth and operational efficiency.

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