India's AU Small Finance Bank hits 6-month high on Q4 profit jump

AU Small Finance Bank

23/04/2025 07:07

** AU Small Finance Bank AUFI.NS rises 5.2% to 645.6 rupees, highest in nearly 6 months

** Lender's Q4 PAT grows 18% y/y; net interest income soars 57% y/y

** MorganStanley ("overweight"; PT:750 rupees) expects strong recovery from FY27, despite co's muted near-term outlook, with potential RoA growth as interest rates fall, asset quality improves, credit guarantee coverage rises

** Investec ("buy"; PT 825 rupees) sees co's asset quality stabilizing; says NIMs to remain under pressure in near-term

** More than 8.1 mln shares traded, ~2.5x the 30-day avg

** AUFI gains 15.7% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))