Aadhar Housing Finance Rating Upgrade by CARE

Jul 01, 2025 15:09

CARE upgrades Aadhar Housing Finance's long-term bank facility and NCD rating to CARE AA+ from CARE AA. Q4 net profit rose 21% to Rs 245 crore.

New Delhi, Jul 1 (PTI) Aadhar Housing Finance has said CARE has upgraded the rating of the company's long-term bank facility and non-convertible debentures (NCDs) by a notch.

The rating agency has improved rating to CARE AA+ from CARE AA, Aadhar Housing Finance said in a statement on Tuesday.

The outlook has been kept stable, it said.

For the fourth quarter ended March 2025, Aadhar Housing Finance reported a 21 per cent rise in net profit to Rs 245 crore as against Rs 202 crore in the same quarter a year ago.

Total income during the quarter under review rose to Rs 834 crore from Rs 692 crore in the year-ago period.

Source: PTI

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Aadhar Housing Finance Rating Upgrade by CARE

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