Aptus: Aptus Housing Finance Q4 results: Net profit increases 21% to 164 cr

Housing finance company Aptus Value has recorded a 21 percent hike in its profit after tax for the quarter ending March 31, 2024 at Rs 164 crore. The city-based firm had registered a PAT of Rs 135 crore during the same period last year. For the year ending March 31, 2024, the profit after tax went up by 22 per cent to Rs 612 crore, from Rs 503 crore registered during the same period of last year. Commenting on the financial performance, Aptus Value Housing Finance India Ltd., Managing Director P Balaji said, "I am delighted to announce that FY24 has proven to be a good year for Aptus, marked by significant accomplishments and strong growth. During FY24, we expanded our presence by opening 31 branches, thereby strengthening our network to 262 branches." Total disbursements made during the quarter under review went up by 45 per cent to Rs 968 crore, from Rs 668 crore registered during the corresponding quarter of last year. For the financial year ending March 31, 2024, the disburseme