BusinessPhoto: Mint MarketsPoonawalla Fincorp Shares Rise 7% on Strong Q2 2026 Results
Poonawalla Fincorp's share price rose over 7% intraday on October 12, 2026, after reporting strong Q2FY27 financial results. Profit after tax surged 406.8% year-on-year to ₹375 crore. Net interest income increased 80.6% to ₹1,380 crore. Total interest income rose 72.3% to ₹2,416 crore, while interest expenses grew 62.2%. Asset quality improved with GNPA declining 17 bps quarter-on-quarter and 39 bps year-on-year.
Mint Markets·