Huge writedowns as expected, but they look reasonable, like 4 months of PAT (of erstwhile SA entity) wiped out, so not a long term impairment. The best part about business like these is IMHO the short duration of loan book, so once pain is felt it is usually over, at least for that book and you don't worry about writeoff's continuing. In fact 64% PCR is much lower than NNPA, so might even get some provisions written back.
Looks like management is back on growth path since next quarter. 150bps CoF makes ~90cr PBT increase each year, so huge gain from SFB to be seen in 1 years time