{
  "id": 13188628,
  "title": "Poonawalla Fincorp Q2 profit skyrockets 407% YoY to Rs 375 crore",
  "url": "https://urgent.news/2026/10/09/poonawalla-fincorp-q2-profit-skyrockets-407-yoy-to-rs-375-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T13:43:49.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/earnings/poonawalla-fincorp-q2-results-profit-skyrockets-407-yoy-to-rs-375-crore-nii-rises-81/articleshow/134835689.cms"
  },
  "original_language": "en",
  "account": "Poonawalla Fincorp's Q2 profit soared 407% year-over-year, reaching Rs 375 crore, compared to Rs 74 crore in the same period last year. The non-banking financial company's net interest income grew 80.6% YoY to Rs 1,380 crore, while total interest income surged 72.3% YoY to Rs 2,416 crore. Operating profit increased 126.6% YoY to Rs 877 crore, with operating expenses rising 37.5% YoY to Rs 712 crore. Asset quality improved, with gross non-performing assets declining by 17 basis points QoQ and 39 basis points YoY. Poonawalla Fincorp expanded its gold loan branch network to 550 branches and highlighted continued improvement in return on assets. CEO Arvind Kapil attributed the strong performance to disciplined AUM expansion and credit costs reduction. Poonawalla Fincorp's shares closed at Rs 447.30, up 2.15% from the previous close.",
  "summary": "Poonawalla Fincorp reported a 407% year-on-year surge in Q2FY27 profit to Rs 375 crore, while net interest income rose 81%. Operating profit more than doubled, supported by business growth, improving asset quality and an expanded gold loan network.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}