Aavas Financiers - Strong Operating Q3 Performance; Provisions Adequate: Motilal Oswal

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Motilal Oswal Report

Aavas Financiers Ltd. reported a strong Q3 FY21, with 26% YoY growth in profit after tax to Rs 856 million.

In the first nine months of FY21, despite the tough environment, the company delivered 7% YoY growth in PAT to Rs 2 billion.

The past quarter was characterized by stable disbursements on a YoY basis and margin improvement.

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