Poonawalla Fincorp's Q2 profit is ₹375 crore, about five times the ₹74 crore of a year earlier
Poonawalla Fincorp, a non-bank lender, reported consolidated net profit of ₹374.85 crore for July to September 2026, against ₹74.20 crore in the same quarter of 2025 and ₹307.71 crore in the previous quarter.
Poonawalla Fincorp, a non-bank finance company (it lends money but is not a bank), reported a consolidated net profit of ₹374.85 crore for the quarter ended 30 September 2026 (Q2 of the financial year 2026-27, called FY27). In the same quarter a year earlier it was ₹74.20 crore, so this year’s figure is about five times as large. Net profit is what remains after all costs, interest paid and tax. “Consolidated” means the figures include the company and its subsidiaries.
The numbers
| Metric | Q2 FY27 | Q2 FY26 | Q1 FY27 |
|---|---|---|---|
| Consolidated net profit | ₹374.85 Cr | ₹74.20 Cr | ₹307.71 Cr |
- Against Q2 FY26, the figure is 5.05 times as large (a rise of about 405% by our arithmetic).
- Against the previous quarter, Q1 FY27 (April to June 2026), it is up 21.8%.
- For the first half of FY27 (April to September 2026), net profit was ₹682.56 crore, against ₹136.80 crore in the first half of FY26, about five times as large (4.99 times). The first-half figure is the sum of the two quarters: 307.71 + 374.85.
The reports give no reason for the low Q2 FY26 figure and mention no one-off items in either quarter. The size of the percentage rise therefore depends on that small starting figure: a rise from ₹74.20 crore to ₹374.85 crore is an increase of ₹300.65 crore.
Other figures in the reports
- Net interest income (NII, the interest earned on loans minus the interest paid on borrowings; here the reports include fees and other income) was ₹1,589 crore, up 12.3% from Q1 FY27.
- Net interest margin (NIM, NII as a share of the average money lent) was 9.26%, against 9.10% in Q1 FY27.
- Assets under management (AUM, the total loans the company manages) were ₹74,008 crore on 30 September 2026, up 55.1% from a year earlier.
- Gross NPA (the share of loans where borrowers have stopped paying for more than 90 days) was 1.20%, down from 1.37% in Q1 FY27. Net NPA (gross NPA after the money set aside against it) was 0.61%, against 0.70%.
- The capital adequacy ratio (how much capital the company holds against its risk-weighted assets) was 18.68%, against a regulatory minimum of 15%.
Basis of these figures
The primary source (the company’s results filing on BSE and NSE, or its press release) could not be opened when this article was prepared, so every figure is attributed to the EquityBulls, Whalesbook and Upstox reports of 9 to 10 October 2026. The figures are consolidated; the reports mention that standalone results were also released but give no standalone numbers. The ₹374.85 crore and ₹74.20 crore are reported as net profit (profit after tax); the reports do not say whether they are profit attributable to owners or total profit including minority interest. Upstox’s headline calls the 22% rise year on year, but its text shows 21.8% is the change from Q1 FY27, which is how it is used here. Amounts are in ₹ crore (1 crore = 10 million).