Aye Finance, a recently listed Non-Banking Financial Company (NBFC), has announced strong financial results for the third quarter of fiscal year 2026. The company recorded a significant 87% year-over-year increase in net profit, reaching ₹42.6 Cr compared to ₹22.8 Cr in the same period last year. This growth also represents a 25% rise from the previous quarter’s profit of ₹34.5 Cr.
The operating revenue for the quarter saw a substantial 23% year-on-year surge, reaching ₹442.8 Cr, with interest income, the primary component of the company’s revenue, rising by 17% year-on-year to ₹393.4 Cr. When factoring in other income of ₹12.2 Cr, Aye Finance’s total income for the quarter amounted to ₹455 Cr.
Despite the revenue growth, total expenses for the company also increased by 18% year-on-year to ₹401.1 Cr, indicating a balanced approach between revenue generation and cost management.
These financial results underscore Aye Finance’s ability to navigate the competitive financial services landscape and maintain a trajectory of growth and profitability.
Source: Inc42 Media