Net profit of AAVAS Financiers rose 14.94% to Rs 126.10 crore in the quarter ended June 2024 as against Rs 109.71 crore during the previous quarter ended June 2023. Sales rose 16.19% to Rs 542.39 crore in the quarter ended June 2024 as against Rs 466.81 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales542.39466.81 16 OPM %74.5771.67 - PBDT169.46147.96 15 PBT160.95140.68 14 NP126.10109.71 15 Powered by Capital Market - Live News

AAVAS Financiers will hold a meeting of the Board of Directors of the Company on 25 July 2024.Powered by Capital Market - Live News

AAVAS Financiers announced that the 14th Annual General Meeting (AGM) of the company will be held on 7 August 2024.Powered by Capital Market - Live News

AAVAS Financiers has approved the appointment of Rahul Mehta (DIN: 09485275) as an Additional Director (Non- Executive Non-Independent) (nominee of Lake District Holdings) w.e.f. 21 May 2024 subject to the approval of Shareholders. He replaces Kartikeya Dhruv Kaji (DIN: 07641723), Promoter Nominee Director (nominee of Lake District Holdings). Powered by Capital Market - Live News

Net profit of AAVAS Financiers rose 12.34% to Rs 142.48 crore in the quarter ended March 2024 as against Rs 126.83 crore during the previous quarter ended March 2023. Sales rose 21.42% to Rs 546.02 crore in the quarter ended March 2024 as against Rs 449.69 crore during the previous quarter ended March 2023.For the full year,net profit rose 14.21% to Rs 490.69 crore in the year ended March 2024 as against Rs 429.64 crore during the previous year ended March 2023. Sales rose 25.43% to Rs 2017.90 crore in the year ended March 2024 as against Rs 1608.76 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales546.02449.69 21 2017.901608.76 25 OPM %74.5873.75 -73.5272.50 - PBDT186.46167.35 11 658.03577.14 14 PBT177.36158.66 12 625.37548.42 14 NP142.48126.83 12 490.69429.64 14 Powered by Capital Market - Live News