Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Investor's Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Credit Rating
RATING RE-AFFIRMATION BY CRISIL: ANNOUNCEMENT UNDER REGULATION 30 OF SEBI(LODR) REGULATIONS. Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Q2 FY 23-24 Earnings conference call. Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Investor's Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Investor's Meet under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Fusion Micro Finance Ltd - 543652 - Audio Recording Of Q2 FY23-24 Earnings Conference Call On Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2023
We hereby inform that the Audio Recording of Q2 FY 23-24 Earnings Conference Call on the unaudited Financial Results of the company for the quarter and half year ended September 30, 2023 has been uploaded on company''s website at www.fusionmicrofinance.com Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In accordance with Regulation 47 and other applicable provisions of the SEBI (LODR) Regulations, 2015, we are enclosing herewith copies of Newspaper Publication of unaudited Financial Results for the Quarter and Half Year ended September 30, 2023 published in Financial Express and Jansatta on November 07, 2023 Q2FY24 Quarterly Result Announced for Fusion Micro Finance Ltd.
Non-banking Financial company Fusion Micro Finance announced Q2FY24 results: Asset under Management (AUM) grew 24.60% YoY from Rs 8,047.18 crore to Rs 10,026.43 crore Disbursements grew 14.22% YoY to Rs 2,343.77 crore Net NPA at 0.65% Borrower base increased to 36.9 lakhs 61 branches added in Q2 FY24, increasing the total branch network to 1,164 across 22 States, including 3 Union Territories Total income increased 26.29% YoY from Rs 452.33 crore to Rs 571.26 crore Net interest income (NII) increased 26.33% YoY from Rs 241.07 crore to Rs 304.54 crore Pre-provision operating profit (PPOP) increased 29.11% YoY from Rs 187.27 crore to Rs 241.79 crore Total Expected Credit Loss (ECL) is Rs 300.24 crore (3.34%) (includes management overlay of Rs 61.48 crore), GNPA of Rs 241.10 crore (2.68%) and NNPA reduced to 0.65% from 0.78% (QoQ) Write-offs were Rs 103.42 crore Profit After Tax (PAT) increased by 32.22% YoY to Rs 125.69 crore from Rs 95.06 crore Healthy capital position with CRAR of 28.78%. Robust liquidity of Rs 1,400.43 crore of cash & cash equivalents, amounting to 13.42% of the total assets Crossed a significant milestone of Rs 10,000 crore AUM CRISIL has upgraded the credit rating to ‘CRISIL A+/Stable’. This is the second rating upgrade in the last 11 months. Commenting on the performance, Devesh Sachdev, Managing Director and CEO, Fusion Micro Finance said, “We continue to deliver a good set of numbers and are confident of strong performance in FY24. In this quarter, we achieved two very significant milestones of crossing Rs 10,000 crore Asset Under Management and a rating upgrade to ‘CRISIL A+/Stable’. This is the second upgrade in less than 11 months. We added ~2.4 lakh new clients in H1, YOY growth of 17.69 %. We have clocked Rs 125.69 crore Profit After Tax (PAT), up by 32.22 % YOY. We are navigating the elevated cost of funds environment very well with the Marginal Cost of Borrowing at 10.55 % which is the lowest in the last 4 quarters. Our key strategic focus remains to deliver long-term sustainable growth”. Result PDF Fusion Micro Finance Ltd - 543652 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency report for the quarter ended September 30, 2023.