Vivriti Group reports 17% y-o-y PAT growth in Q3FY25, AUM rises 28.6%

Vivriti Capital

Vivriti Group, which comprises Vivriti Capital and Vivriti Asset Management, reported a 17 percent year-on-year increase in profit after tax (PAT) to Rs 48 crore for the quarter ended December 31, 2024, compared to Rs 41 crore in the corresponding quarter of the previous year.

The mid-market enterprise lender also recorded a 28.6 percent YoY growth in assets under management (AUM), reaching Rs 11,994 crore. Revenue for the quarter rose to Rs 351 crore, up from Rs 282 crore in Q3 FY24.

For the nine months ended December 31, 2024, Vivriti Group’s PAT grew 45 percent year-on-year to Rs 159 crore from Rs 110 crore. Revenue during this period increased by 31 percent to Rs 1,036 crore, while net interest income (NII) surged by 49 percent to Rs 409 crore.

Profitability remained robust, with the company reporting a return on equity (RoE) of 11.7 percent and a return on assets (RoA) of 2.8 percent. Vivriti Capital’s capital adequacy ratio stood at a healthy 22.14 percent as of December 31, 2024, reflecting its strong financial position.

The company has maintained a solid asset quality, with its gross non-performing assets (NPA) ratio at 0.68 percent as of December 31, 2024.

The company’s revenue has recorded a four-year compound annual growth rate (CAGR) of 48.3 percent from FY21 to FY24, while its cumulative AUM grew at a 47.7 percent CAGR.

Commenting on the financial performance, Srinivasaraghavan B, Group CFO of Vivriti Group, said, “Our financial performance this quarter reflects the strength of our balance sheet, disciplined capital deployment, and a sharp focus on risk-adjusted returns. As we look ahead, maintaining a strong capital position, further strengthening asset quality, and driving long-term financial resilience remain our top priorities.”