Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Investor Presentation
Submission of Earnings Presentation02-08-2023
02-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Change in Directorate
Re-appointment of Mr. Kenneth Dan Vander Weele, Nominee Director of the company, who retires by rotation and being eligible offers his candidature for reappointment, subject to the approval of shareholders in the ensuing AGM.02-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Change in Management
Change in designation of Mr. Deepak Madaan from Company Secretary and Compliance Office to Company Secretary and Chief Compliance Officer.02-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
Amendment in AOA as per Regulation 23(6) of SEBI(Issue and Listing of Non Convertible Securities ) Regulations, 2021 read with Regulation 15(1) (e) of SEBI (Debenture Trustee )Regulation, 1993 and in relation to minimum shareholding required for proposing the appointment of Directors.02-08-2023
Fusion Micro Finance Ltd - 543652 - Appointment Of Secretarial Auditor Of The Company For The F.Y. 2023-24.
Appointment of Secretarial Auditor of the company for the F.Y. 2023-2402-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Issue and Allotment of shares to Fusion Employee Benefit Trust02-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report for the quarter ended June 2023.02-08-2023
Q1FY24 Quarterly Result Announced for Fusion Micro Finance Ltd.
Non-banking Financial company Fusion Micro Finance announced Q1FY24 results: Asset Under Management (AUM) grew 31.43% YoY to Rs 9,711.75 crore from Rs 7,389.02 crore Disbursements grew 15.21% YoY to Rs 2,284.61 crore Net NPA reduced to 0.78% Borrower base increased to ~36 lakh 17 branches added in Q1, increasing the total branch network to 1,103 across 20 States, including 3 Union Territories Total income increased by 53.36% YoY to Rs 552.78 crore from Rs 360.45 crore Net interest income (NII) increased by 59.24% YoY to Rs 294.07 crore from Rs 184.67 crore Pre-provision Operating Profit (PPOP) increased by 95.85% YoY to Rs 235.39 crore from Rs 120.19 crore Total Expected Credit Loss (ECL) is Rs 328.38 crore (3.76%) (includes management overlay of Rs 57.68 crore), GNPA reduced to 3.20% from 3.46% and NNPA reduced to 0.78% from 0.87% (QoQ) Write-offs were Rs 59.36 crore Profit After Tax (PAT) increased by 60.40% YoY to Rs 120.46 crore from Rs 75.10 crore Healthy capital position with a CRAR of 28.26% Robust liquidity of Rs 1,177.08 crore of cash and cash equivalents, amounting to 11.84% of the total assets Credit Rating A positive by ICRA and A Stable by CRISIL and CARE Commenting on the performance, Devesh Sachdev, Managing Director and CEO, Fusion Micro Finance said, “We are off to a good start and confident of maintaining the momentum going forward. In this quarter, our Profit After Tax (PAT) increased by 60.40% YoY to Rs 120.46 crore from Rs 75.10 crore. Our Asset Under Management (AUM) grew by 31.43% YoY to Rs 9,711.75 crore from Rs 7,389.02 crore and our borrower base grew to ~36 lakh. Our NIM has expanded to 10.89% and there would be further expansion before it stabilizes. We continue to strengthen our processes, digital capabilities, and human capital. Keeping our customers at the center, we are confident of delivering sustainable growth”. Result PDF02-08-2023
Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Submission of Press release pursuant to Regulation 30 and 51 and other applicable provisions of SEBI(LODR) Regulations, 2015 w.r.t. unaudited financial results for the quarter ended June, 2023.02-08-2023
Fusion Micro Finance Ltd - 543652 - Statement Of Deviation Or Variation In The Use Of Proceeds Of Equity Shares Raised Through Initial Public Offer (IPO) For The Quarter Ended June 30,2023 As Per Regulation 32 Of The SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015
Statement indicating no deviation or variation in the utilisation of funds raised through ''IPO'' as per Regulation 32 of SEBI(LODR) Regulations, 2015, for the quarter ended June 2023.02-08-2023