Archive · 25 Jul 2025
Poonawalla Fincorp's Q1 Net Profit Plunges 78.5%
Poonawalla Fincorp, a finance company, made less profit this past quarter than last year.
This is because they spent more money to operate the business.
Although profits decreased, the company still earned money from interest.
They also helped more people by giving out more loans.
The company's loans are performing well and they are planning to get more money from their owner to keep growing.
Poonawalla Fincorp's net profit dropped 78.5% year-over-year to ₹62 crore in Q1.
Operating expenses increased, impacting pre-provision operating profit, due to investments in new businesses.
Net interest income rose to ₹639 crore, while assets under management increased 53% YoY.
MSME loans constituted the highest share of AUM at 36%.
Asset quality remained stable, with Gross NPA at 1.84% and Net NPA at 0.85%.
- Who
- Poonawalla Fincorp, a non-deposit-taking NBFC.
- What
- Poonawalla Fincorp's Q1 financial results.
- When
- For the quarter ended June, reporting Q1FY26 results.
- Where
- No specific location mentioned.
- Why
- Decline in profit due to increased operating expenses and investments.
- Net Profit (Q1)
- ₹62 crore
- YoY Profit Change
- 78.5% decrease
- Net Interest Income
- ₹639 crore
- AUM (June 2025)
- ₹41,273 crore
- Gross NPA
- 1.84%
- Net NPA
- 0.85%
- Capital Raise
- ₹1,500 crore