Transcript of conference call on the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June 2026

AI summary - Growth AUM rose 32% y-y; total AUM grew 25% to Rs 1.07 lakh crore in Q1 FY27 - PAT increased 67% y-y to Rs 461 crore; Growth business PBT Rs 470 crore - ROAUM improved to 1.9% from 1.5% y-y; retail 90+ delinquencies stable at 0.7% - Retail disbursements up 44% y-y; wholesale AUM grew 27% y-y with 70-30 real estate to mid-market mix - NIM stable at 6.5%; OPEX to AUM declined to 3.5%; cost to income ratio improved to 53% - AI usage surged to 320 billion tokens Q1; launched AI investor assistant Pia - Wholesale prepayments high at 74%, driven by refinance, capital markets, and strong operating cash flows - Management cautious on IT sector salaried segment stress, especially secured loans in South India - Capital adequacy at 18.85%; board approved up to Rs 4,000 crore fund raise post shareholder approval