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Poonawalla Fincorp Q1 net profit jumps nearly 5x on higher NII, improved asset quality
Jul 17, 2026
cnbctv18

Poonawalla Fincorp Q1 net profit jumps nearly 5x on higher NII, improved asset quality

Poonawalla Fincorp reported a net profit of ₹308 crore for the quarter ended June 30, 2026, up from ₹63 crore last year. The firm saw its Net Interest Income grow 87.5% to ₹1,196.8 crore. CEO Arvind Kapil said, "This quarter marks another firm step in our journey toward sustained, predictable profitability."