Aavas Financiers Oct-Dec net profit rises 26% YoY to Rs 85.4 crore

Aavas Financiers Ltd posted a 25.8% year-on-year rise in consolidated net profit for the December quarter at 854.61 mln rupees. Total revenue from operations for the quarter rose 29.5% to 3.1 bln rupees. Other income was up over threefold at 1.02 mln rupees during the quarter.