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Poonawalla Fincorp Profit Soars 309%

5 May

Summary

Q4 net profit surged 309% YoY to ₹255 crore.
Net interest income grew 72% to ₹1,050 crore.
Board decided to conserve capital, skipping the dividend.

Poonawalla Fincorp Ltd. announced a substantial 309% year-on-year surge in its net profit for the fourth quarter, achieving ₹255 crore compared to ₹62 crore in the prior year period. This significant financial uplift was supported by a 72% rise in net interest income (NII), which reached ₹1,050 crore for the quarter.

Total revenue from operations grew to ₹2,115.49 crore, while Assets Under Management (AUM) stood at ₹60,348 crore as of March 31, 2026. The company's asset quality showed improvement, with Gross Non-Performing Assets (GNPA) declining to 1.44% and Net Non-Performing Assets (NNPA) easing to 0.74%.

In a strategic move for future expansion, the board resolved to conserve capital and consequently decided not to declare any dividend for the fiscal year 2025-26. Management expressed optimism about the company's growth trajectory, citing expanding yields and optimized operations contributing to increased NIMs.

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