Epic Update : GRUH Finance Q1FY14 YoY

Stable numbers, NII and PAT strong, but asset quality sees slight worsening QoQ
Gross non-performing asset (GNPA) and provisions spiked up
NII up 26 percent to Rs 67 crore vs Rs 53.3 crore
PAT up 26 percent to Rs 33.77 crore vs Rs 27 crore
Asset Quality worsens slightly QoQ
GNPA at 0.46 percent vs 0.32 percent QoQ
GNPA at Rs 26.3 crore vs Rs 29.7 crore YoY
GNPA at 0.46 percent vs 0.6 percent YoY. 

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