Aavas Financiers Q4 Net Profit Rises 8% YoY to ₹153.7 Crore

25 Apr 2025 , 04:36 PM

Aavas Financiers had reported a 8% year-on-year growth in net profit in Q4 FY25 at ₹15,367.92 lakh against ₹14,261.53 lakh in the corresponding quarter last year. The company had registered a net profit of ₹57,410.82 lakh for the year ended March 31, 2025, 17% higher than last year.

Q4 operational income was at ₹63,621.30 lakh with satisfactory growth from ₹54,601.99 lakh in the corresponding quarter last year. Total income for the quarter ended March 2025 was at ₹63,748.80 lakh with sound operating performance.

Total expense of the company for Q4 was at ₹44,426.42 lakh owing to largely higher finance cost and higher staff costs. Earnings per share (EPS) for Q4 FY25 were ₹19.42 (basic) and ₹19.26 (diluted).

For the entire FY25, Aavas Financiers posted operational revenue of ₹2,35,450.52 lakh against ₹2,01,749.82 lakh in FY24. The loan book increased substantially by more than 15% year-on-year at ₹16,22,971 lakh against ₹14,00,437 lakh in the earlier fiscal.

Net profit margin for the year was 24.34%, reflecting effective cost and credit management. The company had a robust capital adequacy ratio (CRAR) of 44.50% as on March 31, 2025. Aavas Financiers provided for 17,783 account of loans aggregating ₹1,69,178 lakh during FY25 and co-lending of 840 loans aggregating ₹12,602 lakh.

The board re-appointed Sandeep Tandon as Chairman in the meeting held on April 24, 2025. Chandrasekaran Associates were appointed as Secretarial Auditor for five years, with adherence to standards of governance.

Asset quality was excellent with GNPA (Gross Non-Performing Assets) at 1.08% and net NPAs at 0.73% as on FY25. Provision coverage ratio was 60.87%, and liquidity coverage ratio (LCR) was very comfortable at 128.12%, showing superb risk management.