{"id":155356,"date":"2023-10-26T10:31:42","date_gmt":"2023-10-26T14:31:42","guid":{"rendered":"https:\/\/44.250.171.167\/?p=155356"},"modified":"2023-10-26T10:31:44","modified_gmt":"2023-10-26T14:31:44","slug":"poonawalla-fincorp-ltd-q2fy24-428-rise-in-profits-2","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q2fy24-428-rise-in-profits-2\/","title":{"rendered":"Poonawalla Fincorp Ltd Q2FY24; 428% rise in Profits"},"content":{"rendered":"<p>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.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Poonawalla Fincorp Ltd reported Revenues for Q2FY24 of \u20b9739.00 Crores up from \u20b9455.00 Crore year on year, a rise of 62.42%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b9438.00 Crores up from \u20b9307.00 Crores year on year, a rise of 42.67%.<\/li>\n<li>Consolidated Net Profit of \u20b9860.00 Crores up 427.61% from \u20b9163.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b911.20, up 425.82% from \u20b92.13 in the same quarter of the previous year.<\/li>\n<\/ul>\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133-839x1024.png\" alt=\"\" class=\"wp-image-155357\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-133.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/ASAI-Product-2-1.gif\" alt=\"\" class=\"wp-image-155225\" width=\"435\" height=\"161\"\/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 rise of 62.42%. Total Expenses [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"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":[105,392],"tags":[8265],"class_list":["post-155356","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-finance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155142,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q2fy24-428-rise-in-profits\/","url_meta":{"origin":155356,"position":0},"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":167341,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q3fy25-93-fall-in-profits\/","url_meta":{"origin":155356,"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":155356,"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":162500,"url":"https:\/\/alphastreet.com\/india\/poonawalla-fincorp-ltd-q4fy24-67-rise-in-profits\/","url_meta":{"origin":155356,"position":3},"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. 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It is engaged in providing consumer and MSME financing, as well as General Insurance services. 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