Aavas Financiers Ltd Q3 FY2023 consolidated PAT up at Rs. 107.12 crores

Aavas Financiers Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 412.0714 crores during the period ended December 31, 2022 as compared to Rs. 395.1832 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 107.1229 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 106.6439 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 13.52 for the period ended December 31, 2022 as compared to Rs. 13.46 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹412.0714 crs	₹395.1832 crs	4.27%
Net Profit	₹107.1229 crs	₹106.6439 crs	0.45%
EPS	₹13.52	₹13.46	0.45%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.412.0714 crores during the period ended December 31, 2022 as compared to Rs.342.8664 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.107.1229 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.88.7603 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.13.52 for the period ended December 31, 2022 as compared to Rs.11.19 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹412.0714 crs	₹342.8664 crs	20.18%
Net Profit	₹107.1229 crs	₹88.7603 crs	20.69%
EPS	₹13.52	₹11.19	20.82%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1160.2084 crores during the 9 Months period ended December 31, 2022 as compared to Rs.940.3424 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.302.8156 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.239.7126 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.38.24 for the 9 Months period ended December 31, 2022 as compared to Rs.30.23 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹1160.2084 crs	₹940.3424 crs	23.38%
Net Profit	₹302.8156 crs	₹239.7126 crs	26.32%
EPS	₹38.24	₹30.23	26.50%

Shares of Aavas Financiers Limited was last trading in BSE at Rs. 1838.95 as compared to the previous close of Rs. 1809.50. The total number of shares traded during the day was 5386 in over 1290 trades.

The stock hit an intraday high of Rs. 1858.00 and intraday low of 1816.55. The net turnover during the day was Rs. 9908202.00.

Source : Equity Bulls

Keywords

AavasFinanciers Q3FY23 9MFY23 ResultUpdate