Poonawalla Fincorp Ltd. saw its net profit for the fourth quarter of fiscal 2025-26 more than quadruple to Rs 255 crore YoY (year-on-year) from Rs 62 crore in the preceding financial year, as per an exchange filing from the company on Tuesday.
The company's total income surged 81% to Rs 2,120 crore YoY, from Rs 1,173 crore in the previous year for the same quarter.
Poonawalla Fincorp Q4 Results (Cons, YoY)
- Net Profit Up At Rs 254.8 crore Vs Rs 62.3 crore
- Total Income Up 80.7% At Rs 2,120 crore to Rs 1,173 crore
The firm opened a qualified institutional placement of shares to raise Rs 2,500 crore, according to an exchange filing from the company on April 9. The indicative issue price has been pegged at Rs 370.75, representing a 7.7% discount to the current market price, sources said. However, an exchange filing by the company noted that the board has approved a floor price of Rs 390.26 per equity share for the QIP.
In January 2026, alongside its third-quarter results, the board had cleared plans to raise up to Rs 5,500 crore via the QIP route.
The non-banking financial company also reported that its assets under management stood at Rs 60,325 crore as of March 31, according to its provisional business update.
Share price of Poonawalla Fincorp ended 0.43% highed to Rs 439, at the end of the day's trade, compared to a 0.36% downturn of the NSE Nifty 50.
ALSO READ: Poonawalla Fincorp Shares In Focus: Opens QIP To Raise Rs 2,500 Crore
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