Top Searches
Advertisement

Profit Powerhouse: Aavas Financiers Stuns Markets with Q4 Surge and Bold Fundraising Move

Updated: April 24, 2025 20:35

Image Source: NDTV Profit
Aavas Financiers has posted a robust financial performance for the March 2025 quarter, consolidating its leadership position in the affordable housing finance business.
 
Key Highlights:
  • Profit Growth: The firm reported a net profit of ₹1.54 billion in the March quarter, demonstrating sustained profitability momentum and excellent operational delivery.
  • Revenue Growth: Overall revenue for the quarter stood at ₹6.36 billion, fueled by increased disbursements and strong asset growth.
  • Asset Growth: Assets under management (AUM) grew 18% year-on-year to ₹20,420 crore, a milestone as the company crossed the ₹20,000 crore AUM threshold. Disbursements in the quarter grew 27% sequentially to ₹2,020 crore, reflecting robust demand in its target markets.
  • Branch Network Growth: Aavas opened 30 new branches in FY25, taking its network to 397 branches, further expanding its presence in underserved geographies.
  • Asset Quality: The asset quality continued to be robust with the 1+ days past due (DPD) ratio improving to 3.39% and Gross Stage 3 assets at a mere 1.09%.
  • Liquidity and Borrowings: Liquidity continues to be strong at ₹3,220 crore. Incremental borrowings during the quarter were ₹1,540 crore, augmented by ₹450 crore from securitised loans.
  • NCD Issuance Approval: The Board has sanctioned the issuance of Non-Convertible Debentures (NCDs) with a total limit of ₹85 billion, of which a recent tranche of ₹200 crore has already been allotted. The NCDs, bearing a tenor of five years, shall be listed in BSE, giving the company more resources to drive future growth and lending operations.
Aavas Financiers' steady growth, disciplined risk management, and strategic capital raising efforts well position it for long-term expansion in India's housing finance space.
 
Sources: CNBC TV18, Moneycontrol, BlinkX

Advertisement

STORIES YOU MAY LIKE

Image Source: Youtube
From Lab to Life: How Humanized Animal Models are Shaping the Future of Medicine
Image Source: AP News
Mind the Gap: UK Borrowing Overshoots Predictions, Sparking Fiscal Fireworks
Image Source: Housing.com
Sales Slip, Aspirations Rise: India’s Homebuyers Eye Premium Spaces Amid Market Slowdown
Advertisement
Image Source: News9Live
Royal Challengers Clinch Thrilling Win Over Rajasthan Royals by 11 Runs
Image Source: Trading View
Mining a New Future: Kachchh Minerals Bags Rajhans Procon for ₹2.07 Billion
Image Source: Instagram
Mayo Out, Safety In: Tamil Nadu Cracks Down on Raw Egg Mayonnaise
Image Source: Rediff Money
Bharat Forge’s Big Axle Play: CCI Approves AAM India Takeover, Adds Competitive Safeguards
Advertisement
Live Blogs
Excuses Out, Action In: Rayudu Tells Pant to Lead from the Front After LSG’s Latest Slip
From Wicketkeeper to Benchwarmer: Why Sanju’s Off the Pitch Tonight
Sunrisers Dim at the Bottom, While Mumbai Strikes Gold with 2 Crucial Points
Power Playmakers: Wadhera Credits Ponting & Iyer for PBKS' Royal Rumble Over KKR
Top Stories
Image Source: Kabar
Kyrgyzstan Secures $500 Million Boost: Korea's EXIM Bank Backs Bold Economic Leap
Image Source: DD News
India’s $25 Billion Tool Boom: Can the Nation Become a Global Powerhouse by 2035?
Image Source: POWEROAD
Plugged In and Powered Up: Home Energy Storage Market Rockets to $72.87 Billion by 2031
Image Source: Indian Express
Delhi’s Women in Distress Pension Scheme Tightened—25,000 Ineligible Cases Uncovered
Advertisement
Advertisement

Follow WOWNEWS 24x7 on:

Copyright 2024 WOWNEWS 24x7. All rights reserved. The WOWNEWS 24x7 is not responsible for the content of external sites. Read about our approach to external linking.

Powered By Just Imagine