AAVAS Q2 : STANDALONE NET PROFIT UP 10.7% AT ₹181.52 CR (YOY), UP 6.0% (QOQ). GOOD (ON 1ST LOOK)

Revenue from operations up 10.4% at ₹736.30 Cr (YOY), up 3.9% (QOQ). Net profit margin 24.64% for Q2 and 24.40% for H1. GNPA 1.11%, NNPA 0.70%; provision coverage ratio 70.24%, CRAR 43.77%. Basic EPS ₹22.89 v ₹20.71 (YOY), ₹21.60 (QOQ).

AAVAS Financiers Ltd

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