Sammaan Capital Limited has announced impressive recovery figures from its legacy loan book, showcasing the company's robust financial management and recovery strategies. In the fourth quarter of FY2024-25, the company collected 42.35 billion rupees from its legacy loan portfolio. This achievement highlights the company's ability to optimize recoveries and strengthen its financial position.
For the entire fiscal year FY2024-25, Sammaan Capital reported total recoveries of 24.91 billion rupees from its legacy loan book. These figures underscore the company's consistent efforts to address legacy loan challenges and maximize value from its existing assets.
The strong recovery performance reflects Sammaan Capital's commitment to maintaining financial discipline and leveraging strategic initiatives to enhance its operational efficiency. The results are expected to bolster investor confidence and support the company's long-term growth objectives.
Key Takeaways:
- Recovery of 42.35 billion rupees from the legacy loan book in Q4 FY2024-25, demonstrating strong quarterly performance.
- Total recoveries of 24.91 billion rupees for FY2024-25, highlighting consistent efforts throughout the fiscal year.
- The results reinforce Sammaan Capital's focus on financial discipline and strategic asset management.
Sources: Reuters, Sammaan Capital Limited.