India's Five-Star Business falls on worsening asset quality

Five-Star Business Finance

29/07/2025 07:42

** India's Five-Star Business Finance FIVS.NS drops 3% to 650.05 rupees

** Non-banking lender reports higher quarterly profit, interest income; but asset quality worsens

** Gross stage 3 assets ratio, or loans overdue for more than 90 days, deteriorates to 2.46% in Q1 from 1.79% in previous quarter and 1.41% a year ago

** Net interest margin drops to 16.43% from year-ago 16.72%

** FIVS falls 20% YTD

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))