Neutral impactResults
Poonawalla Fincorp Q2 profit surges fivefold as income rises
Economic Times 2 hrs ago·9 Oct 2026, 4:15 pm
Poonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest income and fee income grew significantly, contributing to the profit surge. New loan products accounted for a notable percentage of disbursements during this period, demonstrating the diversification of their offerings. Additionally, improvements in the gross non-performing asset ratio reflect better asset quality management.
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Key takeaways
- Concerns Poonawalla Fincorp (POONAWALLA).
- Category: Results.
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