Q1 FY27 Results: PAT up nearly 5x at Rs 308 cr; new NCDs of Rs 1,155 cr
POONAWALLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Poonawalla Fincorp reported Q1 FY27 consolidated profit after tax of Rs 307.71 cr (up from Rs 62.60 cr YoY) on total income of Rs 2,336.92 cr (up 78%). Profit before tax rose to Rs 411.26 cr. Basic EPS stood at Rs 3.55 versus Rs 0.81. The company completed a Rs 2,500 cr Qualified Institutional Placement in April 2026 and raised an additional Rs 1,155 cr via non-convertible debentures during the quarter. Gross Stage 3 assets at 1.37 percent and net at 0.70 percent. No deviation reported in QIP proceeds use. Asset cover maintained for secured NCDs.
Sharp profit growth signals strong business expansion funded by the recent QIP. Low Stage 3 ratios show healthy asset quality. New NCD issuance diversifies funding mix.