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Poonawalla Fincorp Q2 Results: Profit Jumps 21.8 Percent, AUM Reaches ₹74008 Crore
- •Poonawalla Fincorp announced its unaudited financial results for the second quarter ending September 2026, reporting a net profit of ₹375 crore.
- •Net profit surged by 21.8 percent on a quarter-on-quarter basis, while the Asset Under Management stood at ₹74008 crore.
- •Net Interest Margin improved by 16 basis points to 9.26 percent, and the Return on Assets rose to 2.18 percent.
- •Asset quality improved significantly as Gross Non-Performing Assets declined to 1.20 percent and Net Non-Performing Assets dropped to 0.61 percent.
- •The company added 42 new Artificial Intelligence projects during the quarter, taking the total operational AI projects to 143.
Key Questions Answered
Poonawalla Fincorp reported a net profit of ₹375 crore for the September quarter of FY27, marking a 21.8% quarter-on-quarter growth from ₹308 crore in the June quarter. The company's Asset Under Management (AUM) reached ₹74,008 crore.
The company's asset quality improved with Gross Non-Performing Assets (GNPA) dropping to 1.20% and Net Non-Performing Assets (NNPA) declining to 0.61% in the September quarter. Additionally, the credit cost as a percentage of average AUM decreased to 2.19% from 2.40% in the previous quarter.
As of September 30, 2026, Poonawalla Fincorp's Capital Adequacy Ratio (CAR) stood at 18.68% with a Tier-1 capital ratio of 17.15%, which remains well above the regulatory requirement of 15%. The company also maintained a liquidity buffer of ₹6,526 crore.
