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AAVAS Financiers Ltd Q1FY24; 24% rise in Profits.

Incorporated in 2011, Aavas Financiers Ltd provides housing loans & advances

Financial Results:

AAVAS Financiers Ltd reported Revenues for Q1FY24 of ₹467.00 Crores up from ₹353.00 Crore year on year, a rise of 32.29%.

Total Expenses for Q1FY24 of ₹326.00 Crores up from ₹238.00 Crores year on year, a rise of 36.97%.

Consolidated Net Profit of ₹110.00 Crores up 23.6% from ₹89.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.87, up 22.74% from ₹11.30 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: NBFC
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