CSL Finance Ltd - Updates for quarter and year ended March 31, 2022

CSL Finance Limited has provided updates for the quarter & Year ended March 31, 2022.

- New loans booked during Q4 FY22 were INR 195.00 cr as compared to INR 122.20 cr in Q3 FY22

- Assets under management (AUM) stood at approximately INR 515 cr as of March 31, 2022 as compared to INR 330 cr as of March 31, 2021

- This was backed by new lenders on boarded in our Banking Arrangement - HDFC Bank Ltd and Kotak Mahindra Bank along with the cxisting Banks and Financial Institutions

- Liquidity surplus stood at approximately INR 25 cr as of March 31, 2022. The Company's liquidity position remains strong

- The Company continues to remain well capitalized with capital adequacy ratio (CAR) of approximately 64% as of March 31, 2022.

The above information with reference to March 31, 2022 is provisional and subject to limited review by the statutory auditors of the Company.

Shares of CSL Finance Ltd was last trading in BSE at Rs. 187.70 as compared to the previous close of Rs. 175.65. The total number of shares traded during the day was 4056 in over 84 trades.

The stock hit an intraday high of Rs. 188.75 and intraday low of 171.05. The net turnover during the day was Rs. 754524.00.

Source : Equity Bulls

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CSLFinance INE718F01018 BusinessUpdates Q4FY22 FY2022