Five-Star Finance Slides on Asset Woes

  Published 10 months ago

Five-Star Business Finance drops 3% as Q1 profit rise is overshadowed by worsening asset quality and margin dip.

  • Gross Stage 3 assets rose to 2.46% in Q1 from 1.79% in Q4 and 1.41% last year.
  • Net interest margin narrows to 16.43% from 16.72% YoY, signaling margin pressure despite higher interest income.
  • Stock down 20% year-to-date as investors react to asset quality deterioration despite better quarterly profit figures.

You might like these

RBI Report: Interest Rates Drop in 2025

Mahanagar Gas Rises on Growth Outlook, Analysts' Backing

India's Economic Powerhouse Status Confirmed

RBI Conducts VRRR Auction

RBI Clears Currant Sea Stake in IDFC

RBI Rejects Annapurna Finance's Bank License

Brigade’s New Bengaluru Project

News that matters the most ⚡