IndoStar Capital Finance Limited — Investor Meet, 25-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
25-10-2024 · 06:59 pm
IndoStar Capital Finance Limited held an analyst call to discuss its Q2 and half-year earnings for FY '25, revealing a 53% year-on-year growth in commercial vehicle disbursements, reaching INR 1,499 crores. Key developments included the sale of IndoStar Home Finance for INR 1,750 crores and a CRISIL rating upgrade to stable. The company also launched a small business loan division, focusing on Tier 3 and Tier 4 locations, amid macroeconomic challenges affecting collections.
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