Aavas Financiers Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 04:25 pm
12-08-2025 | 04:25 pm
Aavas Financiers' board has approved the financial results for the quarter ended June 30, 2025. The company reported a profit of Rs 139.2 Cr and total revenue of Rs 627.6 Cr.
A significant update is Aquilo House Pte. Ltd. becoming the new promoter, acquiring a 48.96% stake. The company's asset quality remains strong with Gross NPAs at 1.22% and Net NPAs at 0.84%. Capital Adequacy Ratio (CRAR) stands robust at 43.20%. Loans worth Rs 376.7 Cr were assigned, and Rs 249.9 Cr under co-lending. Funds raised via NCDs and Commercial Papers were utilized as disclosed, reinforcing financial stability. #AAVAS #HousingFinance
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