Aavas Financiers Q4 Profit Rises 8% to ₹153 Crore

25 Apr 2025 , 12:48 AM

Aavas Financiers announced fine Q4 and FY25 figures with strong top-line and bottom-line growth. The company’s net profit in Q4FY25 came in nearly 8% higher at ₹15,367.92 lakh as compared to the corresponding quarter in the previous year at ₹14,261.53 lakh.

The company’s net profit during the period ended March 31, 2025, rose 17% year over year to ₹57,410.82 lakh. Operations revenue in Q4 was ₹63,621.30 lakh as against ₹54,601.99 lakh in Q4FY24 on the back of strong loan book growth.

Total income for the quarter was ₹63,748.80 lakh and total expenses were ₹44,426.42 lakh mainly due to higher finance and manpower expenses. Basic earnings per share (EPS) in Q4 was ₹19.42 and diluted EPS was ₹19.26. Operating revenue in FY25 was at ₹2,35,450.52 lakh as against ₹2,01,749.82 lakh in FY24.

The company’s loan book registered impressive growth to ₹16,22,971 lakh from ₹14,00,437 lakh over the previous year. The net profit margin for the year was 24.34%, reflecting high profitability.

Aavas Financiers’ capital adequacy ratio (CRAR) was healthy at 44.50%, reflecting an excellent capital position. The company disbursed over 17,783 loan accounts aggregating ₹1,69,178 lakh during FY25. It also conducted co-lending business in respect of 840 loans aggregating ₹12,602 lakh.

During its board meeting on April 24, 2025, the company re-appointed Sandeep Tandon as Board Chairman. Chandrasekaran Associates were appointed as Secretarial Auditors for a period of five years.

Asset quality continued to be strong with Gross NPA at 1.08% and Net NPA at 0.73%, demonstrating prudent risk management. Provision coverage ratio stood at 60.87%, and the liquidity coverage ratio was at 128.12%, with a financial strength.