Aye Finance Q2: Profit Surges 151% YoY To ₹87 Cr, Revenue Crosses ₹500 Cr Mark

Listed NBFC Aye Finance reported strong Q2 results with net profit surging 151% year-over-year to ₹86.7 Cr from ₹34.5 Cr. Operating revenue grew 18% YoY to ₹514.4 Cr, primarily driven by a 29% YoY increase in interest income. The company's assets under management expanded 26% YoY to ₹7,597 Cr, while loan disbursements increased 10% YoY. Asset quality improved with gross NPA ratio declining to 4.2% from 4.5% in the previous quarter. Total expenses increased just 2% YoY despite the revenue growth.

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