Aavas Financiers Ltd posts consolidated PAT of Rs. 106.64 crores in Q2FY23

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 395.1832 crores during the period ended September 30, 2022 as compared to Rs. 352.9538 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 106.6439 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 89.0487 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 13.46 for the period ended September 30, 2022 as compared to Rs. 11.24 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 395.1832 crs	₹352.9538 crs	11.96%
Net Profit	₹106.6439 crs	₹89.0487 crs	19.76%
EPS	₹13.46	₹11.24	19.75%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 395.1832 crores during the period ended September 30, 2022 as compared to Rs.325.45 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.106.6439 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.91.9043 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.13.46 for the period ended September 30, 2022 as compared to Rs.11.60 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 395.1832 crs	₹325.45 crs	21.43%
Net Profit	₹106.6439 crs	₹91.9043 crs	16.04%
EPS	₹13.46	₹11.60	16.03%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.748.1370 crores during the 6 Months period ended September 30, 2022 as compared to Rs.597.4758 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.195.6926 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.150.9523 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.24.71 for the 6 Months period ended September 30, 2022 as compared to Rs.19.05 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹748.1370 crs	₹597.4758 crs	25.22%
Net Profit	₹195.6926 crs	₹150.9523 crs	29.64%
EPS	₹24.71	₹19.05	29.71%

Shares of Aavas Financiers Limited was last trading in BSE at Rs. 2062.30 as compared to the previous close of Rs. 2034.40. The total number of shares traded during the day was 7050 in over 1436 trades.

The stock hit an intraday high of Rs. 2081.40 and intraday low of 2021.50. The net turnover during the day was Rs. 14503719.00.

Source : Equity Bulls

Keywords

AavasFinanciers Q2FY23 H1FY23 ResultUpdate