• Q1 financial performance: Net profit rose 56% year-on-year, driven by 22% AUM growth (28% excluding motor finance), a credit cost reduction from 1.6% to 1%, and a 190 basis points sequential improvement in cost-to-income.
• Long-term guidance targets: The company aims for 23% to 25% annual growth through FY28, while keeping credit costs under 1%, lowering cost-to-income into the early 30s, and expanding margins by at least 10 basis points.
• Segment growth outlook: With retail and SME accounting for 85.4% of the portfolio, housing and retail are expected to grow above the 23%–25% corporate average, while corporate and SME segments grow at 23% to 24%.
• Yoloans acquisition strategy: Pending RBI approval expected by the end of the calendar year, the acquisition aims to add over 400 gold loan branches in two to three years, contributing 1% to 2% to portfolio growth from next year.