Hi All,
Results for the 1st quarter are out.
Below screenshot summarizes the results in a nutshell.In my view results are good considering the company mostly caters to MSME sector which is the worst sufferer in this pandemic.
I would have loved to see the loan book for Gold under AUM to increase but it is stagnant to earlier of 10%.Earlier it was a conscious decision for the management,not sure if they have the same stance now.
Result detailed can be found in the below link
https://www.bseindia.com/xml-data/corpfiling/AttachLive/2af76537-3ea6-48f6-ad02-894ceb554c4e.pdf
Disc:Recently picked up shares.
Please provide your views also.
Thanks,
Deb