”Q1FY27 demonstrates that our transformation is now showing results. Return on equity annualised at 19.5% and return on assets at 3.1% mark a decisive return to best-in-class profitability, and the book is now nearly 90% secured. Gold loans have powered growth and although the pace of growth can slow down, it remains a core engine, with mortgages and secured MSME expected to gain momentum. With a robust balance sheet, an AI-led operating model and deepening bank partnerships, we are confident of delivering resilient, capital-efficient growth through FY27 while serving underserved segments across India.”