Skip to main content
All News
commodities Bullish

Poonawalla Fincorp shares soar 8% after Q2 net profit spikes 407% YoY to Rs 375 crore

Economic Times 12 October 2026 at 05:32 am 1 min read 1 views Read Original
Poonawalla Fincorp shares soar 8% after Q2 net profit spikes 407% YoY to Rs 375 crore

Poonawalla Fincorp reported a 406.8% YoY surge in Q2FY27 net profit to Rs 375 crore, driven by robust NII growth and improving asset quality. Net interest income jumped 80.6% to Rs 1,380 crore. The NBFC also expanded its gold loan branch network to 550 locations during the quarter.

Related:POONAWALLA
#commodities