'Can Fin Homes conducted a conference call 20 January 2025 to
discuss its financial results for the quarter ended December 2024. Suresh Iyer,
MD and CEO of the company addressed the call:
Highlights:
The company had planned disbursements growth of 4-5% for Q3
over Q2, but because of registration issues in Karnataka the company could not
materialize business of Rs 400 crore in Q3FY2025.
The overall disbursements were flat yoy at Rs 1879 crore in
Q3FY2025, but declined 21% on sequential basis over Q2FY2025.
Telangana is also witnessing challenges for a period of last
one year with sharp 33% decline in the disbursements as the sentiments have
been impacted by the new government decision to cancel approvals given by the
earlier government.
The moderation in disbursements led to deceleration in AUM
growth to 9% yoy a Rs 37155 crore end December 2024.
The share of disbursement from Karnataka is 35% and
Telang...
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