Sunday, July 5, 2026

Poonawalla Fincorp shares gain after 77% AUM growth in Q3, strong liquidity position

Date:

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

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Global Heating Threatens Kidney, Heart Health of Workers – Informed Comment

Global Heating Threatens Kidney, Heart Health of Workers  Informed CommentHeat...

Nifty Outlook for July 2: Bulls aim for a range breakout even as IT remains a major drag

A lot has changed, but nothing has changed at...

Q3 results to US-Iran war: Top five triggers that may dictate the Indian stock market this week

भारतीय शेयर बाज़ार: मिश्रित वैश्विक संकेतों के बावजूद आईटी...

Iran’s envoy to China says beijing to get Hormuz concessions

Iran’s ambassador to Beijing said China and other friendly...