Aavas Financiers Reports 16.4% Profit Growth To ₹352.8 Crore In H1FY27; AuM Reaches ₹2,480.11 Crore With 16.1% Increase
Mumbai: Aavas Financiers Limited on Tuesday announced its unaudited financial results for the half year ended 30 September 2026, with net profit reaching ₹352.8 crore. Assets under Management (AuM) stood at ₹2,480.11 crore as of 30 September 2026, marking a 16.1 per cent growth year-on-year. Financial Performance Net Interest Income for the first half of FY27 increased by 16.7 per cent…
Aavas Financiers Limited reported a 16.4% increase in profit for the first half of fiscal year 2027, reaching ₹352.8 crore. The company's assets under management grew by 16.1% year-on-year to ₹2,480.11 crore. Net interest income rose 16.7% to ₹682.5 crore, while operating profit increased by 17.7% to ₹481.9 crore. The company's net worth expanded by 15.4% to ₹5,398.5 crore.
Aavas Financiers disbursed ₹3,505.1 crore under the Pradhan Mantri Awas Yojana 2.0 and experienced a 30% YoY increase in asset quality disbursements. Second-quarter disbursements grew by 21% to ₹1,890 crore. Gross non-performing assets improved by 13 basis points to 1.11%, and net NPA decreased by 16 basis points to 0.70%. The cost to income ratio improved by 195 basis points to 42.95%.
Net interest margin stood at 7.76%. Active loan accounts rose by 11% to 2,82,707. Management targets ₹5,000 crore in assets under management and a 20% YoY growth. The company added 21,500 new customers across 15 states. Aavas Financiers also issued 38,627 equity shares to employees as stock options.
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