{"id":142199,"date":"2023-02-17T07:29:53","date_gmt":"2023-02-17T12:29:53","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142199"},"modified":"2023-04-25T08:25:32","modified_gmt":"2023-04-25T12:25:32","slug":"poonawalla-fincorp-limited-q3fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-limited-q3fy23-earnings\/","title":{"rendered":"Poonawalla Fincorp Limited Q3FY23 Earnings"},"content":{"rendered":"\n<p>A non-deposit taking NBFC, <a href=\"https:\/\/44.250.171.167\/symbol\/poonawalla\/\">Poonawalla Fincorp Ltd<\/a>, is registered with the RBI. It offers general insurance services, consumer and MSME lending, and other financial services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>Poonawalla Fincorp Ltd.\u2019s revenue in Q3FY23 rose 44% to \u20b9 482 crores. Consolidated Profit After Tax came at \u20b9 182 crores showcasing a 89% rise YoY over the corresponding period. In this quarter\u2019s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary:<\/strong><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cIt\u2019s been 6 quarters since Magma acquisition; we have successfully completed Phase 1 of technology transformation and launched multiple new products as per our stated strategy. It has helped put in place a stable and scalable digital platform. With strong roots in place, the Company has now embarked on the phase 2 journey and on its way to launch EMI card, Credit card, and other Digital Loan offerings over the next 3 quarters through a state-of-the-art digital platform to offer superior customer experience.\u201d<\/em><\/p><cite>&#8211; Management in <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/39c4b9a7-be5b-4cea-8fc2-bd9ec9d6a5fc.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Q3FY23 Investor Presentation<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>A non-deposit taking NBFC, Poonawalla Fincorp Ltd, is registered with the RBI. It offers general insurance services, consumer and MSME lending, and other financial services. Financial Results: Poonawalla Fincorp Ltd.\u2019s revenue in Q3FY23 rose 44% to \u20b9 482 crores. Consolidated Profit After Tax came at \u20b9 182 crores showcasing a 89% rise YoY over the [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":142203,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,1,6352],"tags":[151,8233],"class_list":["post-142199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-finance-stocks","category-research-summary","tag-banking","tag-insurance-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-1331339397.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139810,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-q3fy23-89-growth-in-profits\/","url_meta":{"origin":142199,"position":0},"title":"Poonawalla Fincorp Q3FY23; 89% Growth in Profits","author":"Karan_Singh","date":"February 1, 2023","format":false,"excerpt":"Poonawalla Fincorp Ltd.\u2019s revenue in Q3FY23 rose 44% to \u20b9 482 crores. Consolidated Profit After Tax came at \u20b9 182 crores showcasing a 89% rise YoY over the corresponding period. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POONAWALLA.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POONAWALLA.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POONAWALLA.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POONAWALLA.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POONAWALLA.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":167341,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q3fy25-93-fall-in-profits\/","url_meta":{"origin":142199,"position":1},"title":"Poonawalla Fincorp Ltd Q3FY25; 93% fall in Profits","author":"Chirag Gupta","date":"March 11, 2025","format":false,"excerpt":"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 \u20b91,057.00 Crores up from \u20b9763.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/4-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":144217,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-q4fy23-earnings-story\/","url_meta":{"origin":142199,"position":2},"title":"Poonawalla Fincorp Q4FY23 Earnings Story","author":"Karan_Singh","date":"April 26, 2023","format":false,"excerpt":"A non-deposit taking NBFC registered with the RBI is Poonawalla Fincorp Limited (formerly known as Magma Fincorp Limited). It offers general insurance services, consumer and MSME lending, and other financial services. Financial Results: Poonawalla Fincorp Ltd. reported Total Income for Q4FY23 of \u20b9 580.71 Crores up from \u20b9 399.22 Crore\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"SHARDAMOTR Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1443507250.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":155142,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q2fy24-428-rise-in-profits\/","url_meta":{"origin":142199,"position":3},"title":"Poonawalla Fincorp Ltd Q2FY24; 428% rise in Profits","author":"Chirag Gupta","date":"October 20, 2023","format":false,"excerpt":"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 Q2FY24 of \u20b9739.00 Crores up from \u20b9455.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-73.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162500,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q4fy24-67-rise-in-profits\/","url_meta":{"origin":142199,"position":4},"title":"Poonawalla Fincorp Ltd Q4FY24; 67% rise in Profits","author":"Chirag Gupta","date":"June 26, 2024","format":false,"excerpt":"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 Q4FY24 of \u20b9915.00 Crores up from \u20b9577.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-214.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159525,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q3fy24-46-rise-in-profits\/","url_meta":{"origin":142199,"position":5},"title":"Poonawalla Fincorp Ltd Q3FY24; 46% rise in Profits","author":"Chirag Gupta","date":"March 5, 2024","format":false,"excerpt":"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 Q3FY24 of \u20b9763.00 Crores up from \u20b9498.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/03\/image-43.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142199"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/142203"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}