Company has enclosed Transcript of Earnings Conference Call for the quarter and half year ended September 30, 2026

AI summary - Q2FY27 disbursements grew 60% YoY to INR 9,609 Cr; loan book up 19% YoY to INR 95,079 Cr - GNPA improved to 0.91%; negative credit cost of 19 bps due to INR 75 Cr recoveries - Spread increased to 2.43%; NIM at 3.67% (ex-one-off 3.49%) with portfolio yield at 9.74% - ROA and ROE improved to 2.53% and 12.33% respectively - Credit rating upgraded to AAA by CRISIL, joining all 4 major agencies - Incremental yield (9.64%) higher than book yield (9.54%), supporting margin expansion - Borrowing cost expected to rise 15-20 bps on 50 bps repo hike; retail lending rates to increase 10-15 bps - Affordable and emerging segments key growth drivers; affordable disbursements up 40% YoY - Technology initiatives include AI for collections and customer journey enhancements - Capital adequacy strong at 27.03%, Tier 1 at 26.62% - Management confident of sustaining growth and margin improvement amid rising rates