Intimation w.r.t. Audited Financial Results for the quarter and year ended March 31, 2025
Awaiting price reaction for this filing.
Poonawalla Fincorp's board approved audited consolidated and standalone results for Q4 and FY25 on April 25, 2025. Total revenue from operations grew strongly to ₹4,189.76 crores (FY24: ₹3,109.01 crores), up about 34.7% year-on-year, driven by interest income rising to ₹3,814.50 crores from ₹2,899.56 crores. However, the company swung to a consolidated loss after tax of ₹98.34 crores, compared with a profit of ₹331.70 crores in FY24, mainly because impairment on financial instruments jumped to ₹1,458.17 crores (FY24: ₹444.42 crores) and there were no exceptional items this year versus a ₹816.52 crore exceptional gain in FY24. EPS turned negative at ₹(1.27) versus ₹21.89 last year, and the board skipped the dividend to conserve capital for growth. Operating cash flow remained deeply negative at ₹(10,569.43) crores on sharp loan-book expansion, while joint statutory auditors Kirtane & Pandit LLP and M S K A & Associates issued unmodified opinions, replacing previous auditor Walker Chandiok & Co LLP.
Strong top-line growth signals business expansion, but the sharp swing to a loss and the more than three-fold jump in loan-loss provisions raise red flags on asset quality, likely weighing on the stock despite the revenue momentum. No dividend and persistent cash burn may also disappoint income-focused shareholders.