Transcript of the Investor Conference Call held on July 17, 2026, to discuss the Unaudited Financial Results for the Quarter ended June 30, 2026

AI summary - Q1 FY27 GNPA improved to 3.94%, down 182 bps y-y; retail GNPA at 3.49% - Retail portfolio grew to INR2,851 Cr (+24% y-y); co-lending book declined to INR499 Cr - Yield on portfolio steady at ~21%; used car yield 18.6%, expected breakeven in FY27 - CRISIL rating upgraded to AA- stable, enabling lower borrowing costs - Public deposits crossed INR100 Cr, supporting liability diversification - AUM target INR4,000-4,200 Cr for FY27; INR10,000 Cr target for FY28-29 intact - ROA guidance ~2.5% pretax for FY27; impairment costs expected stable - AI and digital investments ongoing for collections and underwriting - ARC transactions reduced GNPA; third ARC sold INR203 Cr at 45.6% valuation - GNPA expected to remain sub-4% retail; NNPA sub-2% for FY27