<h1>NBFC reports 535 crore profit, completes housing finance sale, updates loan write-off policy under RBI rules</h1> A non-banking finance company registered with the Reserve Bank of India reported a profit after tax of 535 crore for the quarter ended June 30, 2025, with assets under management of 7,783 crore. The company completed the divestiture of its wholly owned housing finance subsidiary, recognizing a one-time gain of 1,176 crore. It now operates as a standalone entity focusing on vehicle finance and micro loans against property. The company revised its technical write-off policy for loans overdue by more than 210 days, writing off 161 crore while continuing recovery efforts. Additionally, it made incremental provisions of 255 crore on select security receipts due to uncertain near-term recovery. The capital adequacy ratio improved to 32.7%, and leverage decreased to 1.7 times. The company cautioned that forward-looking statements are subject to risks and uncertainties, including regulatory changes and market conditions, and disclaimed any obligation to update such statements.