PFS reported a muted Q1 FY'27 with INR117 Cr disbursements and INR40.24 Cr PAT. Loan assets were INR2,946 Cr, net worth INR3,120 Cr. Gross Stage III assets stood at INR190 Cr, with INR187 Cr in one NPA account awaiting NCLT admission. Management pivots to core infrastructure financing, pausing FI/SME. Q2 started strong with over INR1,200 Cr sanctions, a 13-quarter high, indicating a robust pipeline. They target INR5,000 Cr AUM by FY'27 end. Management acknowledges past investor concerns but expresses confidence in future value creation and growth, stating "our numbers will speak for themselves."