NSEOutcome of Board Meeting6d ago · 26 Oct 2026, 05:41 pm
Outcome of Board Meeting
Aavas Financiers Limited · AAVAS
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Aavas Financiers Limited has submitted its unaudited financial results for the quarter and half year ended September 30, 2026, to the National Stock Exchange and BSE Limited.
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Aavas Financiers Limited has submitted to the Exchange, the outcome of the Board Meeting held on Monday, October 26, 2026.
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Ref. No. AAVAS/SEC/2026-27/3375
Date: October 26, 2026
To, To,
The National Stock Exchange of India BSE Limited
Limited Phiroze Jeejeebhoy Towers,
Exchange Plaza, C-1, Block G, Dalal Street,
Bandra Kurla Complex, Mumbai – 400001
Mumbai – 400051
Scrip Code: 541988
Scrip Symbol: AAVAS
Dear Sir / Madam,
Subject: Outcome of Board Meeting - Submission of the Unaudited Financial Results
of the Company for the quarter and half year ended September 30, 2026
Pursuant to Regulation 30 and 51 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”),
this is to inform to you that the Board of Directors of the Company at its meeting held today
i.e., Monday, October 26, 2026, has inter-alia, considered and approved the Unaudited
Financial Results of the Company for the quarter and half year ended September 30, 2026, as
reviewed and recommended by the Audit Committee and took note of the Limited Review
Report submitted by Joint Statutory Auditors of the Company, i.e. M/s. M S K A & Associates
LLP, Chartered Accountants and M/s. Borkar & Muzumdar, Chartered Accountants (“Joint
Statutory Auditors”), in terms of Regulation 33 and 52 of the SEBI LODR Regulations.
Please find enclosed herewith the following:
1. Unaudited Financial Results of the Company for the quarter and half year ended September
30, 2026 along with Limited Review Report thereon submitted by the Joint Statutory
Auditors of the Company;
2. Disclosure pursuant to Regulation 52(4) of the SEBI LODR Regulations, as a part of the
Unaudited Financial Results, attached as Annexure-A;
3. Disclosure pursuant to Regulation 54(2) of the SEBI LODR Regulations, as a part of notes
to the Unaudited Financial Results;
4. Disclosure pursuant to Regulation 54(3) of the SEBI LODR Regulations attached as
Annexure-1;
5. Statement pursuant to Regulation 52(7) and 52(7A) of the SEBI LODR Regulations
attached as Annexure-2;
Please note that the Board Meeting commenced at 04:25 P.M. (IST) and Unaudited Financial
Results has been approved by the Board at 04:47 P.M. (IST).
The Meeting of the Board of Directors is still in progress, therefore the disclosure in respect of
other agenda items, if any, in accordance with the provisions of Regulation 30 and 51 of the
SEBI LODR Regulations shall be filed with the Stock Exchanges within the stipulated time after
the conclusion of the Meeting of the Board of Directors.
The above information will also be made available on the website of the Company and can be
accessed at https://www.aavas.in/investor-relations/outcome.
You are requested to take the same on your record.
Thanks & Regards,
For AAVAS FINANCIERS LIMITED
SAURABH SHARMA
COMPANY SECRETARY & COMPLIANCE OFFICER
(ACS- 60350)
Enclosed: as above
M S K A & Associates LLP Borkar a Muzumdar
(Formerly known as M S K A & Associates) Chartered Accountants
Chartered Accountants
602, Floor 6, Raheja Titanium, 21/168 Anand Nagar Om CHS
Western Express Highway, Anand Nagar Lane, Off Nehru Road,
Geetanjali, Railway Colony, Vakola, Santacruz (East),
Ram Nagar, Goregaon (E), Mumbai - 400 055.
Mumbai - 400 063.
Independent Auditor’s Review Report on unaudited financial results of Aavas Financiers Limited for the quarter and half
year ended September 30, 2026 pursuant to the Regulation 33 and Regulation 52 read with Regulation 63(2) of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
To The Board of Directors of
Aavas Financiers Limited
1. We have reviewed the accompanying Statement of unaudited financial results of Aavas Financiers Limited (hereinafter
referred to as “the Company”) for the quarter and half year ended September 30, 2026 (“the Statement”) attached
herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 read with
Regulation 63(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 as amended (“the Regulations”).
2. This Statement, which is the responsibility of the Company’s Management and has been approved by the Company’s Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian
Accounting Standard 34 “Interim Financial Reporting”, prescribed under Section 133 of the Companies Act, 2013 (“the
Act”), read with relevant rules issued thereunder (“Ind AS 34”), the relevant circulars, guidelines and directions issued by
the Reserve Bank of India (the “RBI”) from time to time (the “RBI Guidelines”) and the National Housing Bank (the “NHB”)
from time to time (the “NHB Guidelines”) and other recognised accounting principles generally accepted in India and is in
compliance with the Regulations, the RBI Guidelines and the NHB Guidelines. Our responsibility is to express a conclusion
on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review
of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered
Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to
whether the Statement is free of material misstatement. A review of interim financial information consists of making
inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review
procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing
specified under Section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become
aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe
that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in
Ind AS 34, the RBI Guidelines, the NHB Guidelines and other recognised accounting principles generally accepted in India
has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is
to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the
relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification,
provisioning and other related matters.
For M S K A & Associates LLP For Borkar a Muzumdar
(Formerly known as M S K A a Associates) Chartered Accountants
Chartered Accountants
ICAI Firm Registration Number: 105047W/W101187 ICAI Firm Registration Number: 101569W
Prateek Khandelwal Brijmohan Agarwal
Partner Partner
Membership Number: 139144 Membership Number: 033254
UDiN: 26/39)44£>7X 6rVD6600 UDIN: 2(3033 2-^fU TN D SS/^S
Jaipur Delhi
October 26, 2026 October 26, 2026
Page 1 of 1
AAVAS FINANCIERS LIMITED
(CIN: L65922RJ2011PLC034297)
Statement of financial results for the quarter and half year ended September 30, 2026
(INR in lakh)
Quarter ended Half Year ended Year ended
Particulars
30,09.2026 30,06,2026 30.09.2025 30.09.2026 30.09,2025 31.03,2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Revenue from operations
Interest income 62,992.06 61,647.41 56,362.44 1,24,639.47 1,11,256.54 2,27,978.13
Fees and commission income 2,983.41 2,556.36 2,755.75 5,539.77 5,080.46 11,296.79
Gain on derecognition of financial instruments under 7,047.93 5,951.92 7,011.17 12,999.85 11,760.26 26,731.38
amortised cost category
Net gain on fair value changes 606.80 716.08 572.49 1,322.88 1,360 70 2,339.34
Total revenue from operations 73,630.20 70,871.77 66,701,85 1,44,501.97 1,29,457.96 2,68,345.64
II Other income 47.20 37.80 43.28 85.00 80.66 137
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