New Delhi, July 25 -- Poonawalla Fincorp, a non-deposit-taking NBFC, announced its financial results for the quarter ended June, reporting a net profit of Rs.63 crore, a steep decline from Rs.292 crore in the year-ago period, marking a 78.5% year-on-year (YoY) drop, impacted by one-time expenses and prior provisioning. However, profit remained flat on a sequential basis.

Net interest income (NII) came in at Rs.639 crore, up from Rs.576 crore a year ago. The company's assets under management (AUM) rose 53% YoY to Rs.41,273 crore in June 2025, compared to Rs.26,972 crore in June 2024, driven by strong performance across all product segments.

In Q1FY26, the company had taken a one-time accelerated provision of Rs.666 crore on the erstwhile...