SRG Housing Finance Reports 7.89% Net Profit Growth in Q3 FY25
SRG Housing Finance reported a 7.89% increase in net profit for the third quarter of FY25, with a total income of Rs 40.25 crore, marking a 24.96% growth from Rs 32.21 crore in the corresponding period last year.
Srg Housing FinanceNet ProfitQ3 Fy25Financial ResultsHousing FinanceReal Estate NewsJan 31, 2025
The company has reported a significant increase in its net profit, marking a 7.89% growth compared to the same period last year.
The net total income for the quarter stood at Rs 40.25 crore, a robust 24.96% increase from Rs 32.21 crore recorded in Q3 of the previous fiscal year.
The company attributes this growth to a combination of strategic initiatives and a favorable market environment.
SRG Housing Finance has been focusing on expanding its customer base and diversifying its product offerings to meet the evolving needs of homebuyers.
The company has also been proactive in adopting innovative technologies to streamline its operations and improve customer service.
In a press release, the CEO of SRG Housing Finance, Mr.
Ajay Sharma, stated, 'We are delighted to report strong financial performance for the quarter.
Our focus on customer-centric solutions and operational efficiency has paid off.
We remain committed to driving sustainable growth and delivering value to our stakeholders.'
The housing finance sector in India has been witnessing steady growth, driven by factors such as rising urbanization, government initiatives, and a favorable regulatory environment.
SRG Housing Finance has been at the forefront of this growth, capitalizing on the opportunities presented by these trends.
The company has also made significant strides in expanding its presence across Tier-II and Tier-III cities, which are emerging as key markets for the housing finance sector.
SRG Housing Finance has been actively engaging with local communities and building partnerships with real estate developers to enhance its market reach.
Looking ahead, SRG Housing Finance is optimistic about the future.
The company plans to continue its focus on innovation and customer satisfaction, while also exploring new opportunities for expansion.
With a strong financial foundation and a clear strategic direction, SRG Housing Finance is well-positioned to achieve its long-term growth objectives.
SRG Housing Finance is a prominent housing finance company in India, known for its customer-centric approach and robust financial performance.
The company offers a wide range of housing finance solutions, including home loans, construction finance, and home improvement loans.
SRG Housing Finance is committed to empowering homebuyers and contributing to the growth of the housing sector in India.
Frequently Asked Questions
What is the net profit growth of SRG Housing Finance in Q3 FY25?
SRG Housing Finance reported a 7.89% increase in net profit for the third quarter of FY25.
What was the total income of SRG Housing Finance in Q3 FY25?
The net total income for SRG Housing Finance in Q3 FY25 was Rs 40.25 crore.
How much did the total income grow in Q3 FY25 compared to the previous year?
The total income of SRG Housing Finance grew by 24.96% in Q3 FY25 compared to the previous year.
What factors contributed to the growth of SRG Housing Finance?
The growth of SRG Housing Finance is attributed to strategic initiatives, a favorable market environment, and a focus on customer-centric solutions and operational efficiency.
What are SRG Housing Finance's plans for the future?
SRG Housing Finance plans to continue its focus on innovation and customer satisfaction, while also exploring new opportunities for expansion in Tier-II and Tier-III cities.
Related News Articles
Hyderabad Real Estate Market Thrives as Property Prices Rise Amidst Growing Demand
The property prices in Hyderabad have increased by 3.2 percent quarter-on-quarter (QoQ) to an average of Rs 8,188 per square foot (psf), according to a recent report by Magicbricks. This growth is driven by the city's economic stability and expanding infr
Karnataka Govt Extends OTS Scheme for Property Taxpayers in Bangalore
The One-Time Settlement scheme for property tax arrears in Bangalore has been extended till September 30, offering a complete interest waiver and halved penalties.
Navi Mumbai: ISKCON Seeks Land in Srinagar for Spiritual Center; Appeals to PM Modi
Navi Mumbai: SRA Projects Revolutionise Real Estate
The Uncertain Future of the Kashmir Hangul: A Closer Look
The Kashmir Hangul, a critically endangered species of red deer, faces an uncertain future with fewer than 400 animals remaining in the wild. Recent research conducted in Dachigam National Park sheds light on the challenges and possible solutions for thei
Goa Welcomes Maharashtra Developers to Invest in Thriving Real Estate Market
The Goa Housing Board has announced a series of new projects and is inviting developers from NAREDCO Maharashtra to invest in the rapidly growing real estate market of the state. Tenders for these projects will be issued soon, promising lucrative opportun
Amitabh Bachchan and Abhishek Bachchan Invest Rs 24.95 Crore in Real Estate
Amitabh Bachchan and his son, Abhishek Bachchan, have made significant investments in the real estate market, acquiring properties in Mulund and Andheri West. This article explores their recent property purchases and the implications for the Mumbai real e