AAVAS Financiers consolidated net profit rises 9.94% in the March 2020 quarter

Sales rise 14.74% to Rs 234.42 crore

Net profit of AAVAS Financiers rose 9.94% to Rs 59.73 crore in the quarter ended March 2020 as against Rs 54.33 crore during the previous quarter ended March 2019. Sales rose 14.74% to Rs 234.42 crore in the quarter ended March 2020 as against Rs 204.30 crore during the previous quarter ended March 2019.

For the full year,net profit rose 41.48% to Rs 249.04 crore in the year ended March 2020 as against Rs 176.03 crore during the previous year ended March 2019. Sales rose 27.09% to Rs 902.55 crore in the year ended March 2020 as against Rs 710.17 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales234.42204.30 15 902.55710.17 27 OPM %71.8473.92 -74.9873.50 - PBDT71.6579.66 -10 321.50267.57 20 PBT66.1076.84 -14 301.94257.85 17 NP59.7354.33 10 249.04176.03 41

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