NPA below 2%; asset quality maintained: SE Investment

In an interview to CNBC-TV18, Sunil Agarwal, Managing Director, SE Investments talks about the company’s future outlook and discusses the fourth quarter earnings. Below is the verbatim transcript of Sunil Agarwal’s interview with Ekta Batra on CNBC-TV18.Q: Can you just take us through your numbers; it has been very flat for your net interest income (NII) this time? What were disbursements looking like?A: Disbursements for the half year ending September 2015 were up at Rs 666 crore. The net revenue for half year ending was Rs 93.4 crore. Profit after tax (PAT) is also at Rs 27.82 crore which is up by about 5.5 percent. So, overall the year is looking promising. We are still to close our financial closure with our nine bank consortium. The appraisal, etc everything has been done so we are expecting the financial closure in the coming month. The moment that takes place we will be released with almost Rs 200-250 crore of funds, then we will be pushing the disbursements at quite a faster speed in the second half of the current year. Q: Can you leave us with your asset quality? A: Asset quality we have absolutely maintained. There have been no issues and the current non-performing assets (NPA) levels are below 2 percent.