Poonawalla Fincorp has reported a robust performance for the financial year ended March 31, 2026. The company achieved a profit after tax of ₹541.81 crore for the year, turning around from a loss in the previous fiscal. Total income for the year reached ₹6,795.65 crore. The Board of Directors has opted to conserve capital for future growth, resulting in no dividend declaration for the year.
Annual Financial Performance
For the financial year ended March 31, 2026, Poonawalla Fincorp demonstrated strong financial growth. The company reported a net profit of ₹541.81 crore, marking a significant recovery compared to the loss of ₹98.34 crore in the previous fiscal year. Total income for the year grew substantially to ₹6,795.65 crore, driven by strong operational performance and interest income.
Quarterly Highlights
In the fourth quarter (Jan-Mar 2026), the company generated a net profit of ₹254.79 crore, up from ₹62.33 crore in the same quarter of the previous year. Total income for the quarter stood at ₹2,120.39 crore. These results underscore the company’s sustained momentum in its lending business.
Strategic Decisions
During the Board meeting held on May 5, 2026, several key decisions were made to support the company’s long-term objectives:
- Dividend Policy: To prioritize future business expansion and capital conservation, the Board has decided not to declare a dividend for FY 2025-26.
- Auditor Transition: The Board approved the appointment of B. K. Khare & Co. as new Joint Statutory Auditors, effective from the conclusion of the 46th Annual General Meeting.
- Corporate Governance: The 46th Annual General Meeting is scheduled for July 24, 2026, to be held via video conferencing.
Capital Developments
The company continues to bolster its balance sheet, noting the successful completion of a ₹2,500 crore Qualified Institutions Placement (QIP) on April 13, 2026, along with a ₹1,499.98 crore preferential issue earlier in the year, reflecting continued investor confidence in its growth trajectory.
Source: BSE
