The income from operations within the reported quarter stood at Rs 2,410 crore, which was up 26% over Rs 1,911 crore posted by the corporate within the corresponding quarter of the earlier monetary yr. It’s the firm’s first quarterly earnings since its itemizing on September 16.
The corporate’s web curiosity revenue (NII) for Q2FY25 elevated 13% to Rs 713 crore from Rs 632 crore in Q2 FY24.
Belongings underneath administration (AUM) grew 26% to Rs 1,02,569 crore as of September 30, 2024, from Rs 81,215 crore on September 30, 2023.
The revenue earlier than tax (PBT) for Q2FY25 elevated 23% to Rs 708 crore from Rs 575 crore in Q2FY24.
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Its gross NPA and web NPA as of September 30, 2024, stood at 0.29% and 0.12% respectively, as in opposition to 0.24% and 0.09% as of September 30, 2023. Provisioning protection ratio on stage 3 property stood at 58%, the corporate submitting mentioned.
