Five-Star Business Finance Limited — Updates, 29-10-2024: Press Release

Five-Star Business Finance Limited reported strong financial performance for Q2 FY25, with a 34% increase in profit after tax (PAT) to INR 268 Cr and a 32% year-over-year growth in assets under management (AUM) to INR 10,927 Cr. The company maintained robust collection efficiency of 98.4% and expanded its branch network to 660 locations, opening 113 new branches. Despite slight increases in gross stage 3 assets, overall asset quality remained strong with a net stage 3 asset ratio of 0.71%.