India, Oct. 29 -- Fino Payments Bank posted a 27.5% decline in its net profit for Q2 FY26 to INR 15.3 Cr from INR 21.1 Cr in the same period last year. On a QoQ basis, profit fell 13.5% from INR 17.7 Cr.

The payments bank's income from interest rose 26% to INR 60.1 Cr from INR 47.7 Cr in Q2 FY25. It was almost flat compared to INR 60.9 Cr interest income in the preceding June quarter.

Other income declined 16.6% YoY to INR 407.6 Cr. Sequentially, it fell 13.4% from INR 392.5 Cr.

The bank's total expenses for the quarter under review stood at INR 378.8 Cr, a decline of 11.8% from INR 429.4 Cr in the same period last year. On a QoQ basis, the bank's expenses declined 11.6% from INR 428.8 Cr.

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