BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
KRChoksey Research Report
CreditAccess Grameen Ltd.'s profit after tax stood at Rs 56.3 crore (86.8% YoY) including the impact of provisioning.
The company continued to focus on its early risk recognition and provisioning policy.
Earnings after minority interest stood at Rs 76.9 crore (172.7% YoY)
During H2 FY21, it has started disbursing loans to new customers; the company’s gross loan portfolio stood at Rs 135.9 billion (13% YoY, 10% QoQ).
It has added 2.92 lakh borrowers in Q4 FY21; 70-80% of these borrowers cater to essential business services.
We expect strong business growth in the post Covid-19 scenario.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR