India, July 30 -- Fino Payments Bank's net profit for the first quarter ending June 2025 (Q1 FY26) fell 27.4% to INR 17.7 Cr from INR 24.3 Cr in the same period last year. Sequentially, profit fell 26.2% from INR 24 Cr in the Q4 FY25.

The bank's income from interest rose 34.4% to INR 60.9 Cr from INR 45.3 Cr in the previous year. On a QoQ basis, interest income increased 15.3% from INR 52.8 Cr.

Other income for the period under review stood at INR 392.5 Cr, almost flat compared to INR 391.5 Cr in the year-ago quarter. Sequentially, it declined 10.9% from INR 440.7 Cr.

Including other income, total income for the period rose 3.8% to INR 453.5 Cr from INR 436.8 Cr in the previous year.

The reason for the decline in profit was a rise in ...