Aye Finance Doubles Profit in Q4: A Remarkable Surge
Aye Finance, an NBFC, announced a significant increase in net profit to Rs 86 crore for Q4 ending March 31, more than doubling from Rs 41 crore the previous year. The company's total income rose to Rs 545 crore, with interest income moderating to Rs 440 crore. Annual PAT reached Rs 194 crore.
Aye Finance, a Non-Banking Financial Company (NBFC), announced on Monday a substantial increase in its net profit for the fourth quarter ending March 31, exceeding more than twofold to reach Rs 86 crore, compared to the Rs 41 crore recorded in the same period of the previous fiscal year.
According to a regulatory filing, the lender's total income for the March quarter rose to Rs 545 crore, an uptick from Rs 420 crore in the corresponding quarter of the prior year. The interest income was reported to have moderated to Rs 440 crore from Rs 349 crore over the same period.
For the full financial year ending in March 2026, Aye Finance reported an annual Profit After Tax (PAT) of Rs 194 crore, marking an increase from Rs 171 crore reported in the preceding fiscal year.
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