Aadhar Housing Finance Rating Upgrade by CARE
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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.
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.
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