Poonawalla Fincorp Business Update with respect to the quarter ended 31st December 2023
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 r/w Schedule A of Reg. 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015.
We wish to provide the following information for Poonawalla Fincorp Limited with respect to the quarter ended 31st December 2023:
1. Disbursements: Total disbursements during Q3FY24 were highest ever at approximately ? 8,730 crore up 159% YoY
and 12% QoQ compared to disbursements of ? 3,369 crore in Q3FY23 and ? 7,807 crore in Q2FY24.
2. Assets Under Management (AUM): AUM grew by 57% YoY and 8% QoQ to approximately ? 21,850 crore as on 31st
December 2023.
3. Asset quality: GNPA and NNPA are expected to improve further. As guided, we would strive to maintain the NNPA below 1% in line with the Management Vision 2025.
4. Liquidity: The Company continues to have ample liquidity of approximately ? 2,875 crore as on 31st December 2023. The above information is provisional and subject to review by the statutory auditors of the Company.
We request you to bring the above to the notice of all concerned. Thanking you,
Above views are of the author and not of the website kindly read disclaimer
