Aavas Financiers Ltd Q1 FY2024-25 net profit slips QoQ to Rs. 126.10 crores

Aavas Financiers Limited has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 542.5550 crores during the period ended June 30, 2024 as compared to Rs. 546.8021 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 126.1007 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 142.6153 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 15.92 for the period ended June 30, 2024 as compared to Rs. 18 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 542.5550 crs	₹546.8021 crs	-0.78%
Net Profit	₹126.1007 crs	₹142.6153 crs	-11.58%
EPS	₹15.92	₹18	-11.56%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 542.5550 crores during the period ended June 30, 2024 as compared to Rs.466.8549 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.126.1007 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.109.7109 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.15.92 for the period ended June 30, 2024 as compared to Rs.13.86 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 542.5550 crs	₹466.8549 crs	16.21%
Net Profit	₹126.1007 crs	₹109.7109 crs	14.94%
EPS	₹15.92	₹13.86	14.86%

Shares of Aavas Financiers Limited was last trading in BSE at Rs. 1758.90 as compared to the previous close of Rs. 1779.00. The total number of shares traded during the day was 13083 in over 1947 trades.

The stock hit an intraday high of Rs. 1803.15 and intraday low of 1750.50. The net turnover during the day was Rs. 23202070.00.

Source : Equity Bulls

Keywords

AavasFinanciers Q1FY25 FY2025 Q1FY2025 ResultUpdate