Mumbai: Government-backed infrastructure finance company, National Bank for Financing Infrastructure and Development (NABFID), reported a 37% jump in net profit in the year ended March 2025, led by strong lending growth in its second full year of operations.
Net profit increased to ₹2,191 crore in the year ended March 2025 from ₹1,602 crore a year ago, mainly due to a 60% rise in loan book that swelled to ₹56,620 crore from ₹35,342 crore a year ago. Total interest earned almost doubled to ₹4,973 crore in March 2025 from ₹2,496 crore a year earlier. Managing director Rajkiran Rai said 60% of the development finance institution’s (DFI) loans were to operational projects and 40% to greenfield projects, the balance of which will shift to 50-50 as the company’s loan book increases.
Out of the company’s total sanctioned loans outstanding of ₹2.03 lakh crore as of March 2025, 85% have been given to transport, logistics and energy sectors, the company’s annual report showed.