Aavas Financiers Limited reported strong growth in its financial performance for Q3 FY25, driven by robust interest income and operational efficiency. The company’s revenue from operations rose 17% year-on-year (YoY) to Rs 596.7 crore, up from Rs 508 crore in Q3 FY24. The increase was primarily fueled by higher interest income, which stood at Rs 512 crore compared to Rs 437 crore in the same period last year.
Total income for the quarter reached Rs 599.7 crore, reflecting growth from Rs 509 crore YoY. Expenses for the quarter increased to Rs 409.5 crore from Rs 359.5 crore in Q3 FY24, driven by higher finance and employee costs. Finance costs rose to Rs 258.7 crore, while employee benefit expenses surged to Rs 90.6 crore, reflecting expansion efforts and higher operational activity.
Profit before tax improved to Rs 188.4 crore from Rs 149.7 crore YoY, showcasing operational efficiency gains. The company reported a net profit of Rs 146.6 crore, a 25% increase compared to Rs 116.6 crore in Q3 FY24.
Aavas Financiers attributed the robust performance to an expanding loan portfolio, improved disbursements, and disciplined cost management. The company remains confident about its future growth prospects, driven by deeper penetration in underserved markets and improved asset quality.
Key Financial Highlights:
- Revenue from operations: Rs 596.7 crore (up 17% YoY from Rs 508 crore)
- Total income: Rs 599.7 crore (up from Rs 509 crore YoY)
- Total expenses: Rs 409.5 crore (up from Rs 359.5 crore YoY)
- Net profit: Rs 146.6 crore (up 25% YoY from Rs 116.6 crore)
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