AU Small Finance Bank Revenue History — Quarter by Quarter

AU Small Finance Bank's revenue moved from ₹2,458 Cr in Q1 FY24 to ₹37,69,04,180 Cr in Q1 FY25, a 15331553.9% change over 4 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q1 FY25	₹37,69,04,180 Cr	—
Q4 FY24	₹28,29,49,960 Cr	—
Q3 FY24	₹27,35,82,030 Cr	—
Q1 FY24	₹2,458 Cr	—

What management said about revenue

Q4 FY26 · Credit cost guidance of ~90bps for FY27

Management advised analysts to model credit costs around 90bps for FY27, though actual performance may be better.

Q3 FY26 · ROA target of 1.8% over medium term

Management aims to achieve 1.8% ROA on a sustainable basis, with FY27 as a potential timeline.

Q3 FY26 · Loan growth of 20-22%

Management targets loan growth of 20-22% in FY27, around 2.25-2.5x nominal GDP.

Q2 FY26 · Loan growth target of 2x-2.5x nominal GDP

The bank targets full-year loan growth in the range of 2x to 2.5x of nominal GDP, with core secured assets growing 22% YoY.

Q1 FY26 · MFI book target of INR 7,000 crore by year-end

Microfinance book expected to bottom in Q1, stabilize in Q2, and grow to INR 7,000 crore by March 2026 (5% YoY growth).

Q3 FY25 · FY25 loan growth of ~20%

Total loan portfolio expected to grow around 20% for FY25, with secured assets growing 23%-24% and continued degrowth in MFI and credit cards.

Q1 FY25 · Deposit growth target of 25% for FY25

Management aims to grow deposits by 25% this fiscal, with INR 25,000 crore incremental deposits needed over the next nine months.

Q4 FY24 · Balance sheet growth of ~25% annually over next 3 years

Management expects to grow the balance sheet by around 25% per annum over the next three years, consistent with historical growth rates.

Q4 FY24 · Credit card issuance moderated to ~600,000 cards per year

Credit card issuance will be moderated to around 600,000 cards per year, similar to FY24 levels, to control upfront acquisition costs.

Q3 FY24 · Credit card breakeven by FY25-end

Management expects credit card business to break even by the last quarter of FY25, as the book seasons and term book builds.

Q3 FY24 · Loan growth of 26-27% by March 2024

Sanjay Agarwal guided that on-book loan growth will be around 26-27% by end of FY24, partly due to base effect.

Q3 FY24 · Investment spend on new businesses to continue at similar run-rate

Operating expenses for credit cards, QR, and video banking will remain elevated with ~55-60% growth in these cost heads next year as well.