Q1 2025 CreditAccess Grameen Ltd Earnings Call Transcript
Key Points
- Net interest income grew by 24.8% year-over-year to INR 595.3 crore, in line with loan portfolio growth.
- Collection efficiency excluding arrears stood at 95.8% for Q1 FY 25.
- Net profit grew by 30.4% to INR 827.9 crore.
- Cost-to-income ratio improved to 29.2%, reflecting positive operating leverage.
- Added nine new branches during the quarter, expanding the reach and customer base.
- Transitory increase in delinquencies due to low base impact and operational limitations during elections.
- Gross NPA increased to 1.46%, indicating asset quality challenges.
- Higher provisioning rate at 2.29%, reflecting conservative approach but impacting profitability.
- Cost of borrowing remained stable at 9.8%, but liquidity tightening in the banking system poses a risk.
- Incremental credit cost guidance increased due to ongoing delinquencies and higher provisioning.
Please standby for live streaming.
In the I may same thing. There are in the game and and in. Okay. No. I mean, no, no, in May in No, no, no . No, no
Good day. Axis grammage Q2 conference call. I will be in listen only mode and there will be an opportunity for you to ask questions after the presentation can be or should you need assistance during the country's signal.
An operator by pressing on your touch-tone phone at this conference is being recorded. I now hand the conference over to Mr. ABGPDY. from Motilal Oswal Financial Services Limited. Thank you.
I know you said, yes, I'll come to a surgeon.
Welcome, everyone to the reduction has grown into one. If I could take place on mix of conference call, we have with us today from senior management, Mr. or the mortgage book Managing Director, Mr. Godrej Narayanan, Chief Executive Officer, Mr. Balakrishnan somewhat Chief Financial Officer, Mr. Manish, they'll be SVP and Head of Investor Relations.
With this brief introduction,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
