SG Finserve Ltd - 539199 - Closure of Trading Window
Closure of Trading window29-12-2023
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for SG Finserve Ltd.
Financial Services company SG Finserve announced Q2FY24 & H1FY24 results: 1. Company Performance: - Q2FY24 Total Income increased to Rs 43.87 crore, up from Rs 34.84 crore in Q1FY24. - Q2FY24 Net Interest Income (NII) rose to Rs 28.31 crore, compared to Rs 23.51 crore in Q1FY24. - Q2FY24 Profit After Tax (PAT) amounted to Rs 17.49 crore, an increase from Rs 15.64 crore in Q1FY24. - H1FY24 Total Income reached Rs 78.70 crore, compared to Rs 1.97 crore in H1FY23. - H1FY24 Net Interest Income (NII) amounted to Rs 51.82 crore, compared to Rs 1.04 crore in H1FY23. - H1FY24 Profit After Tax (PAT) reached Rs 33.13 crore, compared to (negative) Rs 0.26 crore in H1FY23. 2. Loan Book Growth: - Loan Book at the end of Q2FY24 was Rs 1,658 crore, a growth of 33% compared to the previous quarter. - Gross Disbursements in Q2FY24 through SGFL counter amounted to Rs 4,343 crore. 3. Income Growth: - Total Income in Q2FY24 increased by 26% QoQ. - Net Interest Income (NII) in Q2FY24 experienced a 20% QoQ growth. 4. Return on Assets and Equity: - Return on Assets (ROA) for Q2FY24 was 5.42%. - Return on Equity (ROE) for Q2FY24 was 10.44%. 5. Platform and Technology: - SG Finserve Limited operates on a 100% digital platform, facilitating quick and efficient loan processing. - The company utilizes AI-based credit scoring models, combining historical and current data to assess creditworthiness. 6. Business Partners: - SG Finserve Limited has partnered with various anchor companies, such as APL Apollo Tubes, Rama Steel Tubes, Vedanta, and Kirloskar Oil Engines. 7. Funding Partners: - SG Finserve Limited has collaborated with reputed banks and financial institutions including HDFC Bank, Axis Bank, Yes Bank, Bajaj Finserv, and Tata Capital. Result PDF19-10-2023
SG Finserve Ltd - 539199 - Disclosure Of Related Party Transaction For The Half Year Ended September 30, 2023
RPT disclosure for half year ended on 30.09.202318-10-2023
SG Finserve Ltd - 539199 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting18-10-2023
SG Finserve Ltd - 539199 - Statement Of Deviation As On 30.09.2023
Statement of deviation as on 30.09.202318-10-2023
SG Finserve Ltd - 539199 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on quarter and half year ended on September 30, 202318-10-2023
SG Finserve Ltd - 539199 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of ESOPs18-10-2023
SG Finserve Ltd - 539199 - Intimation Of Appointment Of Senior Management Personnel Under Regulation 30
Intimation of appointment of Senior Management Personnel under Regulation 3018-10-2023
SG Finserve Ltd - 539199 - Board Meeting Intimation for Board Meeting To Be Held On October 18, 2023
SG Finserve Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/10/2023 ,inter alia, to consider and approve Board meeting for the declaration of financial results for the quarter & half yead ended on September 30, 202311-10-2023