Star Housing Finance Ltd — Important, 15-08-2025: Company Update
15-08-2025 | 01:40 am
15-08-2025 | 01:40 am
Star Housing Finance has announced its financial results for the quarter ending June 30, 2025. Assets Under Management surged 16% year-on-year to Rs. 546.58 Cr, with interest income growing 11%. The company reported a Profit After Tax of Rs. 1.38 Cr. To strengthen its capital base, the board has approved increasing authorized share capital to Rs. 125 Cr from Rs. 50 Cr, subject to shareholder approval. A fundraise of up to Rs. 50 Cr via Non-Convertible Debentures was also approved. Shareholders can expect a proposed final dividend of 10 paise per share, awaiting approval. These strategic moves aim to fuel future AUM growth in affordable housing.
No comments yet. Be the first to comment!
