Poonawalla Fincorp's September-quarter profit is ₹374.85 crore; net NPA falls to 0.61%

What happened

• Consolidated net profit was ₹374.85 crore, up 405.2% year on year, according to Angel One. Free Press Journal put profit after tax at ₹375 crore, up 21.8% from ₹308 crore in the June quarter.
• Total income was ₹2,624.84 crore, up 70.1% on the year. For the half year, net profit was ₹682.56 crore on total income of ₹4,961.76 crore.
• Gross stage 3 assets were 1.20% of the book, down from 1.37% in the previous quarter, and net stage 3 assets were 0.61%, down from 0.70%.
• Net interest margin rose 16 basis points on the quarter to 9.26%, and assets under management reached ₹74,008 crore, per Free Press Journal.
• The shares closed at ₹447.30 on Friday, up 2.15%.

Why it matters

Good to know: Stage 3 assets are loans classed as credit-impaired, usually overdue by more than 90 days. Net stage 3 is that figure after the provisions the lender has set aside.

Key facts

Net profit

₹374.85 crore (+405.2% year on year)

Total income

₹2,624.84 crore (+70.1%)

Gross / net stage 3

1.20% / 0.61%

Net interest margin

9.26%

Read the source

• Poonawalla Fincorp share price in focus after Q2 FY27 earnings results: total income up 70.1% YoYAngel One
• Poonawalla Fincorp reports Q2 FY27 profit of ₹375 crore, AUM reaches ₹74,008 croreFree Press Journal