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Shares of Poonawalla Fincorp Ltd. gained over 2% on Monday, January 5, after the company reported its business update for the third quarter.
Poonawalla Fincorp said its assets under management (AUM) grew by 77.5% from the previous year and by 15.3% sequentially to around ₹55,000 crore as on December 31, 2025.
It said it continues to have ample liquidity of approximately ₹6,450 crore as on December 31.
"The company stands by its risk first approach, robust risk management systems and a diversified asset base. As we continue to scale, our focus and commitment stand on business expansion in line with building a long-term sustainable profitable model," it said in an exchange filing.
In the second quarter, the non-banking finance company (NBFC) reported a profit of ₹74.2 crore compared to a loss of ₹471 crore in the previous year and an increase of ₹62.6 crore quarter-on-quarter.
Its net interest income (NII) of ₹905 crore was up 40.3% from the year-ago period and 17.8% from the previous quarter.
Poonawalla Fincorp's profit before provisions increased 38.5% from the previous year and 19.1% sequentially to ₹387 crore. Its net interest margin of 8.4% increased from the previous quarter's 8.32%.
Shares of Poonawalla Fincorp are trading 1.8% higher on Monday at ₹489. The stock has gained 56% over the last 12 months.
Also Read: ONGC may get $500 million in unpaid dividends if Venezuela sanctions lifted; Stock in focus
Poonawalla Fincorp said its assets under management (AUM) grew by 77.5% from the previous year and by 15.3% sequentially to around ₹55,000 crore as on December 31, 2025.
It said it continues to have ample liquidity of approximately ₹6,450 crore as on December 31.
"The company stands by its risk first approach, robust risk management systems and a diversified asset base. As we continue to scale, our focus and commitment stand on business expansion in line with building a long-term sustainable profitable model," it said in an exchange filing.
In the second quarter, the non-banking finance company (NBFC) reported a profit of ₹74.2 crore compared to a loss of ₹471 crore in the previous year and an increase of ₹62.6 crore quarter-on-quarter.
Its net interest income (NII) of ₹905 crore was up 40.3% from the year-ago period and 17.8% from the previous quarter.
Poonawalla Fincorp's profit before provisions increased 38.5% from the previous year and 19.1% sequentially to ₹387 crore. Its net interest margin of 8.4% increased from the previous quarter's 8.32%.
Shares of Poonawalla Fincorp are trading 1.8% higher on Monday at ₹489. The stock has gained 56% over the last 12 months.
Also Read: ONGC may get $500 million in unpaid dividends if Venezuela sanctions lifted; Stock in focus
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