Aavas Financiers Ltd Q1 FY2024 consolidated PAT slips QoQ to Rs. 109.82 crores

Aavas Financiers Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 467.0162 crores during the period ended June 30, 2023 as compared to Rs. 450.3993 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 109.8285 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 126.8281 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.87 for the period ended June 30, 2023 as compared to Rs. 16.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 467.0162 crs	₹450.3993 crs	3.69%
Net Profit	₹109.8285 crs	₹126.8281 crs	-13.40%
EPS	₹13.87	₹16.01	-13.37%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 467.0162 crores during the period ended June 30, 2023 as compared to Rs.352.9538 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.109.8285 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.89.0487 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.87 for the period ended June 30, 2023 as compared to Rs.11.24 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 467.0162 crs	₹352.9538 crs	32.32%
Net Profit	₹109.8285 crs	₹89.0487 crs	23.34%
EPS	₹13.87	₹11.24	23.40%

Shares of Aavas Financiers Limited was last trading in BSE at Rs. 1559.60 as compared to the previous close of Rs. 1555.90. The total number of shares traded during the day was 19998 in over 2817 trades.

The stock hit an intraday high of Rs. 1583.35 and intraday low of 1551.20. The net turnover during the day was Rs. 31249140.00.

Source : Equity Bulls

Keywords

AavasFinanciers Q1FY24 ResultUpdate