'Mas Financial Services conducted a conference call on 24 August 2018 to discuss the financial results for the quarter June 2018. Kamlesh Gandhi, Chairman and Managing Director of the company addressed the call:

Highlights:

• The company has maintained strong growth momentum posting 30% growth in the asset under management to Rs 4257.5 crore end June 2018.
• The loan growth has been strong across all segment with micro enterprise loans (MEL) AUM rising 36% to Rs 2720.5 crore, SME loans 20% to Rs 1006.8 crore, 2-wheelers 21% to Rs 386 crore and commercial vehicle loans 18% to Rs 144.2 crore end June 2018 over June 2017.
• The MEL and SME loans account for 87% of overall AUM of the company end June 2018, while the company expects to maintain the share of MEL and SME loans at 75-80% of AUM in the medium term.
• The company has network of 78 branches spread across six states end June 2018.
• The company has recorded strong 46% gro...
  
  
  
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