Transcript of Investors Earnings Call for the first quarter ended June 30,2026

AI summary - Q1 FY27 disbursement grew 19.5% y-y to INR49,974.5 Cr; AUM up 15.3% y-y to INR313,798 Cr - Net interest income rose 33.7% y-y to INR8,055.7 Cr; PAT increased 59.8% y-y to INR3,444.6 Cr - NIM at 9.04% in Q1; guided to hold near term, medium term around 8.5% - New vehicle finance at 16% of disbursements, expected to rise to 20-25% in 2-3 years - Asset quality stable; gross Stage 3 at 4.64%, net Stage 3 at 2.33%; credit cost guidance ~2% - MSME and gold loan portfolios expected to grow faster than overall book - Growth guidance maintained at 18% for FY27, with reassessment post Q2 - Cost-to-income ratio stable around 25%; 150 branches to be added in FY27 - Liquidity well managed; excess liquidity to be deployed for growth, no further liability repayment planned