Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Poonawalla Fincorp Reports ₹74 Crore Profit in Q2 Fueled by Asset Growth
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Search
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Poonawalla Fincorp Q2 profit gets to ₹74 crore on strong asset growth 
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Poonawalla Fincorp Reports ₹74 Crore Profit in Q2 Fueled by Asset Growth
Economy

Poonawalla Fincorp Reports ₹74 Crore Profit in Q2 Fueled by Asset Growth

October 18, 2025 3 Min Read
Share
SHARE

Poonawalla Fincorp’s AUM mix included MSME loans at 36%, loan against property at 26%, personal and consumer finance at 26%, and pre-owned car finance at 11%. 

The company’s assets under management surged 68 per cent year-on-year to ₹47,701 crore, reflecting aggressive growth in its lending portfolio. Net interest income rose 40.3 per cent to ₹905 crore during the quarter. The secured-to-unsecured loan ratio stood at 56:44.

Pre-provision operating profit increased 38 per cent year-on-year to ₹387 crore, though the company noted ongoing investments in new business verticals affected margins. Net interest margin improved marginally to 8.40 per cent from 8.32 per cent in the previous quarter.

Asset quality showed improvement with gross non-performing assets declining to 1.59 per cent from 1.84 per cent quarter-on-quarter. Net NPA stood at 0.81 per cent. Stage 1 assets comprised 97.1 per cent of the on-book portfolio.

The company’s AUM mix included MSME loans at 36 per cent, loan against property at 26 per cent, personal and consumer finance at 26 per cent, and pre-owned car finance at 11 per cent. Cost of borrowings decreased by 35 basis points to 7.69 per cent during the quarter.

Managing Director Arvind Kapil attributed the growth to successful diversification strategy and improved liability management through cost-effective non-convertible debenture issuances. The company maintained a capital adequacy ratio of 20.85 per cent.

The shares of Poonawalla Fincorp Limited ended on the NSE today at ₹526 down by ₹13.40 or 2.48 per cent.

Published on October 17, 2025

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Sharjeel Imam withdraws from Bihar polls, cites denial of bail and state-imposed restrictions Sharjeel Imam withdraws from Bihar polls, cites denial of bail and state-imposed restrictions make unique title from original. The maximum number of words is 16.
Next Article Mamaearth launches Rice Face Wash campaign featuring Palak Tiwari  Mamaearth Unveils Rice Face Wash Campaign with Palak Tiwari’s Star Power
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Banks’ lending margins to bottom out as rate cuts settle in

Banks’ lending margins to bottom out as rate cuts settle in Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

October 18, 2025
Wipro shares tumble 4.5% despite Q2 beat, brokerages remain divided

Wipro shares tumble 4.5% despite Q2 beat, brokerages remain divided Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

October 18, 2025
Waaree Energies share price turn volatile despite strong Q2 results

Waaree Energies share price turn volatile despite strong Q2 results Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

October 18, 2025
Diwali 2025 movie releases: From Thamma to Bison, 5 films to catch in cinemas

Diwali 2025 movie releases: From Thamma to Bison, 5 films to catch in cinemas Rewrite this headline into a unique, engaging, SEO-friendly news title. Use only English. Maximum 12 words. Output only the new title.

October 18, 2025
11 members of a Palestinian family wiped out while returning home in Israeli attack; death toll since ceasefire rises to 28

Tragic Loss: 11-Person Palestinian Family Killed in Israeli Attack Amid Rising Death Toll

October 18, 2025
FPIs turn net buyers with ₹13,848 crore inflow before holiday-shortened week

FPIs Make ₹13,848 Crore Investment Surge Before Short Holiday Week

October 18, 2025

You Might Also Like

Markets turn volatile after strong opening, consumer stocks drag
Economy

Strong opening leads to volatile market as consumer stocks drag

2 Min Read
Equity markets ripe to deliver wealth in 18 months: WhiteOak Capital CEO
Economy

Equity Markets Set to Ignite Wealth in 18 Months: WhiteOak Capital CEO’s Outlook

2 Min Read
Rupee falls 51 paise to 87.23 amid month-end dollar demand
Economy

Rupee tumbles as dollar demand surges at month-end

3 Min Read
Crude oil futures decline after US industry report indicates inventory increase
Economy

US industry report leads to drop in crude oil futures.

3 Min Read
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek

Welcome to IndiaNewsWeek, your reliable source for all the essential news and insights from across the nation. Our mission is to provide timely and accurate news that reflects the diverse perspectives and voices within India.

  • Home
  • Nation News
  • Economy News
  • Politics News
  • Sports News
  • Technology
  • Entertainment
  • International
  • Auto News
  • Bookmarks
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by India News Week

Welcome Back!

Sign in to your account

Lost your password?