Transcript of media call and Earnings Conference Call with Analysts and Investors for the quarter ended June 30, 2026.

AI summary - Consolidated AUM grew 22% y-y to INR2.91 lakh crores; excluding Motor Finance, AUM grew 28% y-y - Q1 FY27 PAT INR1,547 crores, up 56% y-y; consolidated ROA 2.3% (2.5% ex-Motor Finance) - Housing Finance AUM grew 24% y-y to INR89,416 crores; credit cost 0.05%; PAT up 29% y-y - Gold loan business acquisition planned; target 500+ branches and INR4,000-5,000 crores portfolio in 2.5-3 years - Cost of funds 7.28% in Q1; cost-to-income improved to 36.4%, down 190 bps q-q - AI initiatives driving 40% productivity gains, 98% digital onboarding, and improved collections - Motor Finance book moderated to INR24,445 crores; focus on portfolio quality and profitability - Credit cost guidance maintained at 1% for FY27; expect margin expansion of ~10 bps and operating leverage gains - Retail plus SME lending to remain 85-88% of portfolio; corporate lending growth to be managed within this range - Capital adequacy robust at 18.5%; debt-equity stable at 5.3x; well capitalized through June 2028 - Management confident of meeting FY27 guidance with strong growth, stable asset quality, and improving margins