Aavas Financiers reports ₹655 cr profit, approves ₹9,000 cr debt program
pre-market1 source ↓written by the desknot a recommendation
- total revenue
- ₹2,684.83 cr
- program to fuel
- ₹9,000 cr Non-Convertible Debenture
- effective June 5
- 0.10%
Aavas Financiers reported a net profit of ₹654.88 cr for FY26, with total revenue at ₹2,684.83 cr. The board approved a ₹9,000 cr Non-Convertible Debenture program to fuel growth, pending shareholder approval. Additionally, the prime lending rate will decrease by 0.10% effective June 5, 2026, potentially impacting borrowing costs.
Not investment advice. For informational purposes only.