IndoStar Capital Finance Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

IndoStar Capital Finance's board has approved its consolidated Q1 FY26 financial results. The company reported a strong net profit of ₹545.58 Cr for the quarter ended June 30, 2025. This surge is primarily due to a significant exceptional gain of ₹1,175.95 Cr from the divestment of Niwas Housing Finance. Operationally, IndoStar wrote off ₹161.09 Cr in loans and made ₹255.07 Cr additional provisions for Security Receipts, signaling balance sheet clean-up efforts. Gross Stage 3 assets stood at 4.04%, Net Stage 3 at 1.68%, with a healthy Capital Adequacy Ratio of 32.72%.