Shriram Finance Ltd (NSE:SHRIRAMFIN)
₹ 2397.5 -2.95 (-0.12%) Market Cap: 901.12 Bil Enterprise Value: 2.31 Til PE Ratio: 12.25 PB Ratio: 1.84 GF Score: 82/100
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Q1 2020 Shriram Transport Finance Company Ltd Earnings Call Transcript

Jul 25, 2019 / 11:30AM GMT
Release Date Price: ₹961.05 (+6.59%)
Operator

Good day, ladies and gentlemen, and a very warm welcome to the Shriram Transport Finance Limited Q1 FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I'm now glad to hand the conference over to Mr. Umesh Revankar, Managing Director and CEO of Shriram Transport Finance Limited. Thank you, and over to you, sir.

Umesh Govind Revankar
Shriram Transport Finance Company Limited - MD, CEO & Director

Thank you. Good evening to everyone in India and other Asian countries, good afternoon to people who have joined from the European countries and good morning to the investors who have joined from the U.S. I hope all of you have gone through the investor update that was already sent to you. I brought a brief overview of macroeconomic scenario and development on the ground before I share the highlights of our performance.

India's GDP was reported at 5.8% for January to March quarter, significantly lower than 6.6% in the previous quarter, indicating a slowdown in the economy. This slowdown has

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