TruCap Finance Ltd 2022 AR2
The report highlights TruCap Finance Limited's (formerly Dhanvarsha Finvest Limited) performance for the fiscal year 2021-2022, during which the company rebranded and expanded its branch network to 57 locations. The company achieved a significant scale-up in asset creation, with its gross loan under management increasing to approximately INR 306 crores, representing a three-fold growth compared to the previous year. Additionally, TruCap's gold loan portfolio grew ten-fold to close at INR 122 crores, while total revenue increased three-fold to reach INR 70 crores. The company also strengthened its commitment to financial inclusion, serving over 33,427 borrowers, including a significant percentage of women entrepreneurs.
Company: TruCap Finance Ltd
Sector: Financials
Country: India
Year: 2022
Type: AR2
Pages: 258
TruCap Finance Ltd
Annual Report
The report highlights TruCap Finance Limited's (formerly Dhanvarsha Finvest Limited) performance for the fiscal year 2021-2022, during which the company rebranded and expanded its branch network to 57 locations. The company achieved a significant scale-up in asset creation, with its gross loan under management increasing to approximately INR 306 crores, representing a three-fold growth compared to the previous year. Additionally, TruCap's gold loan portfolio grew ten-fold to close at INR 122 crores, while total revenue increased three-fold to reach INR 70 crores. The company also strengthened its commitment to financial inclusion, serving over 33,427 borrowers, including a significant percentage of women entrepreneurs.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees