Star Housing Finance Ltd — Important, 23-08-2025: Company Update
23-08-2025 | 04:27 pm
23-08-2025 | 04:27 pm
Star Housing Finance announced its Q1 financial results, with Assets Under Management reaching INR 546.58 Cr, a 16% year-on-year growth. Disbursements for the quarter were INR 24.41 Cr, generating a Profit After Tax of INR 1.38 Cr. The company's Gross NPA stood at 1.65% and Net NPA at 1.13%. Operational highlights include applying for NSE listing and initiating co-lending with Vastu Housing Finance. The Board proposed a dividend of INR 0.10 per share and approved increasing authorized share capital from INR 50 Cr to INR 125 Cr and raising up to INR 50 Cr via NCDs for growth, strengthening capital for future expansion.
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