AU Small Finance Financial institution: AU Small Finance Financial institution Q2 Outcomes: Web income slips 2% YoY to Rs 561 crore
The financial institution had a web revenue of Rs 571 crore within the July-September quarter of FY25, the lender mentioned in a regulatory submitting.
The board of AU Small Finance Financial institution additionally permitted the re-appointment of Sanjay Agarwal as Managing Director & CEO for a interval of three years with impact from April 19, 2026 until April 18, 2029, topic to approval of the shareholders and Reserve Financial institution of India (RBI).
Web whole revenue rose 9 per cent to Rs 2,857 crore, whereas working bills was up 11 per cent year-on-year to Rs 1,647 crore throughout the quarter.
Provisioning throughout the quarter rose 29 per cent to Rs 481 crore, the submitting added.
Complete deposits stood at over Rs 1.32 lakh crore with 21 per cent year-on-year progress.Shares of AU Small Finance Financial institution closed at Rs 793.75, down 0.41 per cent over earlier shut on BSE.
