MediumNegative
Announced Wed, 22 Jul · 14:40 IST
Aye Finance shares crash 8% despite a 144% YoY jump in Q1FY27 profit. Details here
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Aye Finance shares fell almost 8 percent in intraday trade on July 22 despite reporting a 144 percent year-on-year jump in Q1FY27 profit after tax to Rs 74.5 crore from Rs 30.6 crore a year earlier. On a sequential basis, however, profit declined 13.3 percent from Rs 85.91 crore in Q4FY26, while revenue fell 7.3 percent quarter-on-quarter to Rs 477.37 crore. The NBFC reported improving asset quality with GNPA at 4.49 percent and NNPA at 1.67 percent, alongside 28 percent YoY AUM growth to Rs 7,324 crore, though the QoQ slowdown appears to have disappointed investors.