Are Star Housing Fin latest results good or bad?
Star Housing Finance's latest results are strong, with a 228.83% year-on-year increase in Profit Before Tax and record high net sales of Rs 27.71 crore, indicating a positive trend in operational performance and profitability.
Star Housing Finance has reported notable financial results for the quarter ending March 2025, showcasing a strong performance in several key metrics. The company's Profit Before Tax (PBT), excluding other income, reached Rs 3.65 crore, reflecting a year-on-year growth of 228.83%. This figure marks the highest PBT recorded in the last five quarters, indicating a favorable trend in the company's operational performance.Net sales for the quarter also achieved a record high of Rs 27.71 crore, with a year-on-year increase of 69.69%. This consistent growth in sales has been evident over the last five quarters, highlighting the company's robust performance within the housing finance sector.
Furthermore, the Operating Profit Before Depreciation, Interest, and Tax (PBDIT) stood at Rs 16.96 crore, which is the highest in the same five-quarter period. The standalone net profit showed a year-on-year growth of 8.76%, indicating a positive trajectory in profitability.
Additionally, the company saw an adjustment in its evaluation, which reflects its strengthening position in the market. Overall, these results suggest that Star Housing Finance is experiencing a favorable operational trend, contributing positively to its financial standing in the industry.
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