AAVAS Financiers consolidated net profit rises 12.34% in the March 2024 quarter

Sales rise 21.42% to Rs 546.02 crore

Net profit of AAVAS Financiers rose 12.34% to Rs 142.48 crore in the quarter ended March 2024 as against Rs 126.83 crore during the previous quarter ended March 2023. Sales rose 21.42% to Rs 546.02 crore in the quarter ended March 2024 as against Rs 449.69 crore during the previous quarter ended March 2023.

For the full year,net profit rose 14.21% to Rs 490.69 crore in the year ended March 2024 as against Rs 429.64 crore during the previous year ended March 2023. Sales rose 25.43% to Rs 2017.90 crore in the year ended March 2024 as against Rs 1608.76 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales546.02449.69 21 2017.901608.76 25 OPM %74.5873.75 -73.5272.50 - PBDT186.46167.35 11 658.03577.14 14 PBT177.36158.66 12 625.37548.42 14 NP142.48126.83 12 490.69429.64 14

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