Archive · 9 Oct 2026
Poonawalla Fincorp Q2 Profit Jumps 405%, Revenue Rs 2,624 Crore
Poonawalla Fincorp shared its results for the second quarter of FY27.
The company said its net profit was 405% higher than a year earlier.
Its revenue was Rs 2,624 crore.
Fewer of its loans were classified as non-performing than in the previous quarter.
The company also said it had enough capital to meet the required level and support growth.
It added 42 artificial intelligence projects during the quarter.
Altogether, it had 143 such projects, and 84 were already in use.
After the results were announced, the company’s share price ended the day higher.
Poonawalla Fincorp reported a 405% year-on-year rise in net profit for Q2FY27 and revenue of Rs 2,624 crore.
Gross NPAs declined to 1.20% from 1.37% in Q1FY27, while net NPAs fell to 0.61% from 0.70%.
The company’s capital adequacy ratio was 18.68% as of September 30, 2026, above the 15% regulatory requirement.
It added 42 AI projects during the quarter, taking its total to 143; 84 had been implemented.
The results were announced after market hours; the stock closed 2.24% higher at Rs 448.05.
- Who
- Poonawalla Fincorp, an NBFC focused on consumer and MSME finance.
- What
- Reported Q2FY27 earnings, including a 405% rise in net profit and revenue of Rs 2,624 crore.
- When
- For Q2FY27; the results were announced after market hours. Capital figures were as of September 30, 2026.
- Where
- Not specified in the article.
- Why
- The company attributed its performance to improvements in AUM growth, income, asset quality, credit costs and returns.
- Net profit
- Up 405%; the article does not state the profit amount.
- Revenue
- Rs 2,624 crore.
- Gross NPA
- 1.20% in Q2FY27, versus 1.37% in Q1FY27.
- Net NPA
- 0.61% in Q2FY27, versus 0.70% in Q1FY27.
- Capital adequacy ratio
- 18.68%, with Tier 1 capital at 17.15%, as of September 30, 2026.
- AI projects
- 143 total; 84 implemented. The company added 42 during the quarter.
- Share price
- Closed 2.24% higher at Rs 448.05.
- Market capitalization
- Rs 39,455 crore.