Edtech NBFC Avanse’s Q1 FY27 Profit Jumps 31% YoY To ₹154.3 Cr

Education-focused NBFC Avanse Financial Services has reported a 31% YoY uptick in its net profit for the first quarter of the ongoing fiscal year (Q1 FY27) to ₹154.3 Cr from ₹118 Cr in the year-ago period. Sequentially, its net profit dipped by 8% from ₹168.1 Cr in the previous quarter. The lender’s operating revenue grew 18% to ₹760 Cr from ₹641.6 Cr reported in Q1 FY26.