Total revenue for the quarter was Rs 6,730 crore, up 25% from the same period last year.
Aadhaar, a leading lender to the economically weaker sections, saw its assets under management grow 23 per cent year-on-year to Rs 2,112.1 billion as of end-March. Its average loan size is Rs 1 million.
“This (growth) is on account of a 20 per cent increase in disbursements. We have maintained a robust debt structure and have been able to effectively manage our borrowing costs. Our focus has always been on long-term borrowings,” managing director Rishi Anand said.
Aadhaar, founded in 2010, completed its Rs 3,000 crore initial public offering on May 10. The company’s shares were listed on stock exchanges on May 15. The IPO consisted of a fresh issue of Rs 1,000 crore and a second sale of Rs 2,000 crore by promoter Blackstone Group’s affiliate BCP Topco VII Pte.
