Fusion Finance Limited has informed the Exchange regarding a press release dated August 08, 2025, titled "Fusion Finance Reports AUM at INR 7,688 Crore in Q1 FY26".
FUSION · price
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Awaiting price reaction for this filing.
Fusion Finance reported AUM of INR 7,688 crore in Q1 FY26, down 37% from INR 12,192 crore a year ago. The company posted a loss after tax of INR 92 crore in Q1 FY26, wider than the INR 36 crore loss in Q1 FY25 but narrower than the INR 165 crore loss in Q4 FY25. Total income fell 37% YoY to INR 446 crore. On the positive side, Net Interest Margin improved to 10.29% from 8.57% in Q4 FY25, Gross NPA fell to 5.43% from 7.92%, and CRAR stood healthy at 29.52% after a INR 400 crore rights issue. The auditor flagged a 'material uncertainty related to going concern' as the company breached loan covenants on borrowings of INR 3,567 crore, with extensions obtained only for INR 2,570 crore so far.
Shareholders should note ongoing losses, shrinking AUM, and the auditor's explicit going concern warning, though improving asset quality and capital adequacy provide some cushion. The stock may face volatility given covenant breaches and the need to secure further lender waivers.