Poonawalla Fincorp Q2 profit jumps 407% to Rs 375 crore
In short
Poonawalla Fincorp said its Q2FY27 profit rose 407% year on year to Rs 375 crore. Net interest income rose 81%, and operating profit more than doubled.
The company linked the gains to business growth, better asset quality and a bigger gold loan network. What the shares did after the numbers is not stated in the available reporting.
What the reporting says
Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. The lender said operating profit more than doubled, supported by business growth, improving asset quality and an expanded gold loan network. The reporting does not state the full market reaction or any management guidance.
Why it matters
Poonawalla Fincorp reported strong September-quarter results, with Q2FY27 profit rising 407% year on year to Rs 375 crore and net interest income increasing 81%. Operating profit more than doubled, and the company pointed to business growth, improving asset quality and an expanded gold loan network. The reporting does not provide share-price reaction, management commentary or any updated outlook.