Aavas Financiers Ltd 2017 AR2
The report outlines the financial and operational performance of Aavas Financiers Limited for the fiscal year 2016-17, a milestone year marked by its rebranding from Au Housing Finance Limited. The company achieved a 60% growth in assets under management to ‹2,694 crore and expanded its branch network to 94 branches across seven Indian states. Additionally, the company successfully onboarded private equity investors Kedaara Capital and Partners Group, who collectively invested USD 48.5 million in equity. Through its corporate social responsibility initiatives, the company supported projects in preventive healthcare, education, safe drinking water, and animal welfare.
Company: Aavas Financiers Ltd
Sector: Finance & insurance
Country: India
Year: 2017
Type: AR2
Pages: 73
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Aavas Financiers Ltd
Annual Report
The report outlines the financial and operational performance of Aavas Financiers Limited for the fiscal year 2016-17, a milestone year marked by its rebranding from Au Housing Finance Limited. The company achieved a 60% growth in assets under management to ‹2,694 crore and expanded its branch network to 94 branches across seven Indian states. Additionally, the company successfully onboarded private equity investors Kedaara Capital and Partners Group, who collectively invested USD 48.5 million in equity. Through its corporate social responsibility initiatives, the company supported projects in preventive healthcare, education, safe drinking water, and animal welfare.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees