Baid builds robust and diversified credit portfolio
Laxmi India Finance Limited of Jaipur is committed to leveraging technology, deepening geographical presence, and enhancing financial inclusion, as it builds a robust and diversified credit portfolio.
“We remain committed to leveraging technology, deepening our geographical presence, and enhancing financial inclusion,” said Managing Director Deepak Baid as he reported on 16 Aug Q1 FY26 performance of his company https://www.nseindia.com/.
“Our Q1 FY26 performance reflects the resilience of our business model and the trust of our customers and stakeholders. The growth in AUM, profitability, and expansion in our network underscores our focus on building a robust and diversified credit portfolio while maintaining strong asset quality,” he underlined https://www.bseindia.com/.
With a robust balance sheet, prudent risk management, and a diversified funding base, Laxmi India Finance Limited is well-positioned to sustain its growth momentum in the coming quarters.
The company remains focused on expanding its reach to underserved markets, strengthening its secured MSME and vehicle finance portfolio, and leveraging technology to drive operational efficiency https://www.onlinesbi.sbi/.
With a strong presence across multiple states in India, the company focuses on providing credit solutions for secured MSMEs, vehicle loans, and personal/business loans, with an emphasis on responsible lending and customer-centric services.
Laxmi, a leading Non-Banking Financial Company (NBFC), reported financial results for the quarter ended 30 June 2025:
• Profit After Tax (PAT): Rs.9.65 crore, up 45.77% (Q1 FY25: ₹6.62 crore)
• Assets Under Management (AUM): Rs.1,346.05 crore, up 29.99%
• Net Worth: Rs.268.50 crore, up 28.87%
• MSME & Construction Loan Portfolio grew 35.72% YoY to Rs.1,132.17 crore
• Vehicle Loan Portfolio rose 1.57% YoY to Rs.183.60 crore
• Personal & Business Loans stood at Rs.13.37 crore
The company has expanded network to 159 branches across Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh. Fiinews.com
