Poonawalla Fincorp reports strong Q2 performance

12 Oct 2026, 11:04AM

Poonawalla Fincorp reported strong Q2 FY27 performance, with AUM growing 10.4% QoQ to Rs. 74,008 Cr, while net income rose 75.6% YoY to Rs. 1,589 Cr.

NIM + fees expanded 16 bps QoQ to 9.26%, while PAT increased 21.8% QoQ to Rs. 375 Cr and RoA improved 20 bps QoQ to 2.18%.

Asset quality improved, with GNPA declining to 1.20% from 1.37% QoQ and credit costs moderating to 2.19% from 2.40%.

Gold and consumer durable loans recorded healthy disbursement growth, while new products contributed 28% of quarterly disbursements. AI adoption continues to support customer acquisition and operating efficiency. Management remains focused on sustainable growth and RoA improvement, with credit costs, rising borrowing costs, fee-income pressures and branch expansion expenses being key monitorable.