Appointment of KVU & Associates, Chartered Accountants as Internal Auditor of the Company for the financial year 2025-2026.
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Star Housing Finance reported audited results for FY25 with total income rising to ₹9,496.27 lakhs from ₹6,163.55 lakhs in FY24, a growth of about 54%. Profit after tax grew to ₹1,109.91 lakhs (vs ₹888.33 lakhs), with basic EPS at ₹1.41. Total assets stood at ₹55,500.10 lakhs and loan book at ₹41,522.04 lakhs, with GNPA at 1.84% and NNPA at 1.40%. The board appointed KVU & Associates, Chartered Accountants as the Internal Auditor for FY 2025-26. The board also approved pursuing a listing of the company's securities on NSE, subject to approvals. The statutory auditor Nyati Mundra & Co. issued an unmodified opinion on the financial results.
Strong topline and profit growth along with stable asset quality (GNPA below 2%) is positive for shareholders. The appointment of a new internal auditor is routine governance, while the proposed NSE listing could improve liquidity and visibility for the stock.