Five-Star Business Finance Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Five-Star Business Finance Limited reported its Q2FY25 earnings, highlighting a 4% year-over-year growth in disbursements totaling ₹1,251 crores. The company plans to slow its growth rate from 30% to 25% for the year due to macroeconomic concerns and collection efficiencies remaining steady at 98.4%. They announced a 200 bps cut in lending rates, reducing the rate from 24.5% to 22.5% starting November 1, 2024. Overall, the company remains cautious amidst overleverage concerns in their borrower base.