'IndoStar Capital Finance
conducted a conference call on 21 January 2025 to discuss its financial results
for the quarter ended December 2024. Randhir Singh- Executive Vice Chairman of
the company addressed the call:
Highlights:
The company has recorded strong 32% yoy and 5% qoq growth in
the AUM to Rs 10625 crore end December 2024. The disbursements have surged 17%
to Rs 1572 crore in Q3FY2025.
The company has been consistently reducing cost of borrowing
and cut 110 bps over the last one year.
The company is carrying liquidity of Rs 1009 crore and also
has undrawn bank lines of Rs 575 crore.
The commercial vehicle disbursement increased 18% to Rs 1265
crore in Q3FY2025.
The name of the housing finance subsidiary has been changed
to Nivas Housing Finance from November 2024.
On the industry front, the CV sales have been impacted by
high prices. Tractor sales are healthy, driven ...
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