Chennai, 25 July 2023: Leading Quality Steel manufacturer ARS Steels today launched its “Know The Truth” campaign to create the awareness among the general public. For the first time in India, with an investment of around 15 crore rupees, this awareness campaign will be conducted across Tamil Nadu for the next one year through 12mobile tech labscampaign vehicles which is installed with exclusive Spectrometer …

Chennai, July 2023 The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC, focusing on consumer and MSME finance, announced its unaudited financial results for the quarter ended June 30, 2023. Key Highlights – Q1FY24 (Standalone): Assets: • Highest ever quarterly Disbursements at ₹ 7,063 crore,up 143% YoY and 11% QoQ. • Assets Under Management (AUM) at ₹ 17,776 crore,up 41% YoY and 10% QoQ. • Direct Digital Program (DDP) contribution indisbursements increased to 86% in Q1FY24 as compared to 81% in Q4FY23. Asset Quality: • Gross NPA at 1.42%, reduced 126 bps YoY and 2 bpsQoQ. • Net NPA at 0.76%, reduced 35 bps YoY and 2 bps QoQ. Profitability: • Highest ever quarterly PAT at ₹ 200 crore for Q1FY24, up 62% YoY …