Business · Updated 21 Oct, 02:20 pm IST
Aye Finance Q2 profit rises 151% to ₹86.7 crore
Why it matters for readers: Provides a clear snapshot of how this NBFC performed financially in the recent quarter.
- Net profit for the September quarter was ₹86.7 crore, up 151% year-on-year and 16% quarter-on-quarter.1
- Operating revenue increased 18% YoY and 8% QoQ to ₹514.4 crore for the quarter.1
- Including other income of ₹12.7 crore, total income for the quarter was ₹527.1 crore.1
- Total expenses rose by about ₹8 crore from the year-ago quarter to ₹411.3 crore, and tax expenses grew multifold to ₹29.1 crore.1
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