'The income from operation of AAVAS Financiers increased 17.47% to Rs 596.74 crore in Q3FY2025. Overall OPM has increased to 77.29% in Q3FY2025 from 75.14% in
Q3FY2024, leading to 21% rise in operating profit to Rs 461.21 crore. Other expenditure rose 4% to Rs 44.88 crore and employee expenses moved up 9% to Rs
90.64 crore in Q3FY2025.
Other income declined 1% to Rs 1.18 crore. Interest cost increased 19% to Rs 258.71 crore. Depreciation moved up 7% to Rs 9.22 crore. Provisions declined 24% to Rs 6.07 crore. PBT moved up 26% to Rs 188.39 crore.
The effective tax rate increased to 22.28% in Q3FY2025 compared to 22.10% in Q3FY2024. Provision for tax was expense of Rs 41.97 crore, compared to Rs 33.09 crore. Profit after tax rose 26% to Rs 146.42 crore.
Book value of the company was at Rs 530.3 and adjusted book value was Rs 510.6 (net of NNPA) end December 2024.
Business highlights
AUM increased 20% to Rs 19238 crore end Decembe...
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