Aye Finance Reports Over 100% Increase in Q4 Net Profit
Aye Finance Q4 Results: Net profit jumps over 2-fold to Rs 86 crore
The Economic Times
Image: The Economic Times
Aye Finance, a non-banking financial company (NBFC) in India, reported a net profit of ₹86 crore for the fourth quarter ending March 31, more than doubling from ₹41 crore in the same period last year. The total income rose to ₹545 crore, reflecting strong financial performance.
- 01Net profit for Q4 increased to ₹86 crore, up from ₹41 crore year-on-year.
- 02Total income for the quarter reached ₹545 crore, compared to ₹420 crore previously.
- 03Interest income rose to ₹440 crore from ₹349 crore in the same quarter last year.
- 04Annual Profit After Tax (PAT) for FY26 was ₹194 crore, up from ₹171 crore.
- 05The results indicate strong growth and improved financial health for Aye Finance.
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Aye Finance, a non-banking financial company based in India, reported a significant increase in its financial performance for the fourth quarter ending March 31. The company's net profit surged to ₹86 crore (approximately $10.4 million USD), more than doubling from ₹41 crore (approximately $5 million USD) in the same quarter of the previous fiscal year. Total income also saw a notable rise, reaching ₹545 crore (approximately $66 million USD), compared to ₹420 crore (approximately $51 million USD) in the corresponding quarter last year. Interest income for the quarter moderated to ₹440 crore (approximately $53 million USD), up from ₹349 crore (approximately $42 million USD) in the previous year. For the financial year ending March 2026, Aye Finance reported an annual Profit After Tax (PAT) of ₹194 crore (approximately $23.4 million USD), an increase from ₹171 crore (approximately $20.7 million USD) in the previous fiscal. These results reflect Aye Finance's strong growth trajectory and improved financial health.
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Aye Finance's strong financial performance may lead to increased lending capacity, benefiting borrowers and contributing to economic growth.
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