Poonawalla Fincorp Ltd Q3FY25; 93% fall in Profits

Poonawalla Fincorp Ltd Q3FY25; 93% fall in Profits

Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited) is a non-deposit taking NBFC registered with RBI. It is engaged in providing consumer and MSME financing, as well as General Insurance services.

Financial Results:

Poonawalla Fincorp Ltd reported Revenues for Q3FY25 of ₹1,057.00 Crores up from ₹763.00 Crore year on year, a rise of 38.53%.

Total Expenses for Q3FY25 of ₹1,032.00 Crores up from ₹417.00 Crores year on year, a rise of 147.48%.

Consolidated Net Profit of ₹19.00 Crores down 92.83% from ₹265.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.24, down 93.04% from ₹3.45 in the same quarter of the previous year.

 

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