Expect growth to come back from Q3FY19 onwards: Gruh Finance

Gruh Finance's Q3 earnings beat estimates as the company saw strong disbursement growth on low-base effect. In an interview with CNBC-TV18, Sudhin Choksey, MD of Gruh Finance spoke about the results and his outlook for the company.

The sentiment is positive on demand and supply side in housing finance segment, he said.

Supply would translate into availability by H2 of FY19, he added.

Speaking of growth, he said that I am expecting the momentum to accelerate probably in the next year’s Q3 and Q4.

Whatever supply, which developers are working on will start fructifying probably from Q3 earliest if everything goes well. So Q3 and Q4 onwards, we can see the positives on the supply side, he further mentioned.

For full interview, watch accompanying video...