Aavas Financiers Ltd Q1FY23 consolidated profit at Rs. 89.04 crores

Aavas Financiers Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 352.9538 crores during the period ended June 30, 2022 as compared to Rs. 365.3053 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 89.0487 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 115.4679 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 11.24 for the period ended June 30, 2022 as compared to Rs. 14.57 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 352.9538 crs	₹365.3053 crs	-3.38%
Net Profit	₹89.0487 crs	₹115.4679 crs	-22.88%
EPS	₹11.24	₹14.57	-22.86%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 352.9538 crores during the period ended June 30, 2022 as compared to Rs.272.0258 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.89.0487 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.59.0477 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.11.24 for the period ended June 30, 2022 as compared to Rs.7.46 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 352.9538 crs	₹272.0258 crs	29.75%
Net Profit	₹89.0487 crs	₹59.0477 crs	50.81%
EPS	₹11.24	₹7.46	50.67%

Shares of Aavas Financiers Limited was last trading in BSE at Rs. 2359.50 as compared to the previous close of Rs. 2286.50. The total number of shares traded during the day was 7378 in over 2155 trades.

The stock hit an intraday high of Rs. 2385.90 and intraday low of 2296.20. The net turnover during the day was Rs. 17296177.00.

Source : Equity Bulls

Keywords

AavasFinanciers Q1FY23 ResultUpdate