Economy
Poonawalla Fincorp Reports Nearly Five-Fold Q2 Profit Jump to ₹375 Crore
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THE BRIEF
1
Poonawalla Fincorp reported a nearly five-fold year-on-year jump in consolidated profit to ₹375 crore for Q2 FY27, up from ₹74 crore in the year-ago period.
2
The NBFC's assets under management reached ₹74,008 crore as of September 30, 2026, while its capital adequacy ratio stood at 18.68%.
3
Analysts remain divided on the stock, with Motilal Oswal reiterating a ‘Buy’ rating with a ₹570 target and Emkay Global maintaining a ‘Reduce’ rating.