Bajaj Finserv Ltd Q1 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : Just as one point on -- I mean, first of all, again, congratulating, again you for sharing this data on Bajaj Markets and Bajaj Health. So just wondering in terms of in your assessment, the data. I mean, any metric you're tracking. Is the performance better than what your expectations were? Or I mean, is there further headroom for metric to sort of grow. So one would be on that. And second would be on in terms of investments. So we've already infused around INR 807 crores in Bajaj Markets. I mean, what -- I mean, do we further need to invest in the ecosystem? That would be the second question, sir.

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : Okay. Okay. Sir, just clarifying, so we have given transacting customers and visits. And first of all, this is only an app platform, right?

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : And so the 3 million -- 1.3 million, which you just mentioned.

Question: Ashish Sharma - ENAM Asset Management Company Pvt. Ltd - Analyst : Okay. Great. Fine sir. And just lastly, I mean, I think we've touched a lot or discussed a lot on the combined ratio part. I mean, based on what we have sort of mentioned, so I mean, for the next couple of quarters the combined ratio even for BAGIC usually, in the history, we always sort of have REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JULY 29, 2022 / 5:30AM, BJFS.NS - Q1 2023 Bajaj Finserv Ltd Earnings Call seen that combined ratio had remained below 100%. But given the competitive intensity, even for BAGIC next couple of quarters, the combined ratio above 100%. Is that what we are guiding given the challenging environment?