Financial results for the year ended 31.03.2025
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Aastamangalam Finance Ltd reported audited results for FY25 with total income of ₹1,549.62 lakhs, more than double the ₹703.04 lakhs in FY24. Revenue from operations (interest income) jumped to ₹1,527.13 lakhs from ₹703.04 lakhs, a ~117% growth. Profit after tax rose sharply to ₹827.67 lakhs from ₹360.19 lakhs (~130% growth), and earnings per share climbed to ₹5.33 from ₹4.04. The loan book expanded significantly from ₹7,385 lakhs to ₹11,887 lakhs, while borrowings stood at ₹4,445 lakhs. However, impairment provisions on financial instruments spiked to ₹171.49 lakhs from ₹7.70 lakhs, and operating cash flow remained negative at ₹(3,363.90) lakhs. The statutory auditor issued an unmodified opinion on the results.
Strong top-line and bottom-line growth signals expanding business, but the heavy loan growth coupled with sharply higher impairment provisions and persistent negative operating cash flow suggests aggressive lending that is straining liquidity. Shareholders should weigh profit growth against rising credit costs and cash burn.