Transcript of Earnings Conference Call

AI summary - Q1 FY27 business grew 19% Y-o-Y to INR1.04tn; advances up 27% Y-o-Y to INR65,000cr - Gross NPA stable at 1.45%, NNPA at 0.13%, PCR strong at 98.55% - Operating profit rose 21% Y-o-Y to INR3,117cr; net profit up 27% Y-o-Y to INR2,020cr - NIM at 3.85%, above 3.75% guidance; ROA 1.9%, ROE 24.65% - Credit cost below 1% at 0.99%; CET1 at 15.56%, CRAR 18.64% - Loan growth guidance maintained at 18%, despite current 27% growth - CASA grew 9% Y-o-Y; deposit growth 13% without fresh CDs; CD ratio adjusted for refinance at 82% - Branch expansion ongoing with 200 new branches/year; focus on profitable, quality growth - ECLGS disbursed INR3,560cr mainly to MSMEs; debt waiver scheme expected to benefit with max haircut INR450-500cr - Treasury income includes one-time gain of INR104cr; treasury management improving - Tax rate on PBT expected 16-17%, benefiting from rural advances and bad debt write-offs - LCR maintained between 115-120%, average 118% - Management emphasizes sustainable growth, profitability, and asset quality discipline