Aavas Financiers down 2.5% after reporting PAT growth of ~20% yoy in Q3

Aavas Financiers down 2.5% after reporting PAT growth of ~20% yoy in Q3
Aavas Financiers shares fell 2.5% after the company reported its Q3 earnings on Friday afternoon.

The company's net profit came in at Rs67.92cr in Q3FY20, a rise of 19.6% yoy from Rs56.3cr in the year-ago period.

Revenue from operations was up 30% yoy to Rs202cr vs. Rs155cr in Q3FY19.

AAVAS Financiers Ltd is currently trading at Rs1,946.45 down by Rs53.1 or 2.66% from its previous closing of Rs1,999.55 on the BSE.

The scrip opened at Rs1,997.25 and has touched a high and low of Rs2,044.95 and Rs1,892.05 respectively. So far 5,08,548 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs15,656.91cr




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