Q3 2021 Shriram Transport Finance Company Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Shriram Transport Finance Q3 FY '21 Earnings Conference Call. (Operator Instructions)
I would now like to hand the conference over to Mr. Umesh Revankar, Managing Director and CEO, Shriram Transport Finance Limited. Thank you, and over to you, sir.
Yes. Thank you. Good morning, friends, and good evening to those who joined from western part of the world. A warm welcome to all of you who joined this call. I hope all of you are healthy and safe. Joining with me today are Mr. Parag Sharma, CFO; Sunder, Accounts Head and Executive Director; Sanjay, who is our IR.
Let me first start with economic and industry update. The government started Unlock 5.0 in October 2020, with lockdown being only in containment zones. A high recovery rate of 96% and India's good fortune of avoiding second wave of COVID-19 meant that economic recovery continued. The government continued its calibrated approach towards relief and
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