India, Oct. 21 -- Listed NBFC Aye Finance's net profit for the September quarter surged 151% to Rs.86.7 Cr from Rs.34.5 Cr in the year-ago quarter. On a sequential basis, profit increased 16% from Rs.74.5 Cr.

Operating revenue for the quarter zoomed 18% YoY and 8% QoQ to Rs.514.4 Cr. Including other income of Rs.12.7 Cr, total income for the quarter stood at Rs.527.1 Cr.

Total expenses increased by about Rs.8 Cr from the year-ago quarter to Rs.411.3 Cr. Tax expenses for the quarter grew multifold to Rs.29.1 Cr.

(The story will be updated soon)

The post Aye Finance Q2: Profit Surges 151% YoY To Rs.87 Cr, Revenue Crosses Rs.500 Cr Mark appeared first on Inc42 Media.

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