# Poonawalla Fincorp Q2 Profit Surges Fivefold

> Poonawalla Fincorp's Q2 profit jumps fivefold as income rises and asset quality improves.
- Title: Poonawalla Fincorp Q2 Profit Surges Fivefold | Shortify
- Summary: Poonawalla Fincorp's Q2 profit jumps fivefold as income rises and asset quality improves. Poonawalla Fincorp reported a 405.2% year-on-year increase in Q2…
- Keywords: poonawalla fincorp, q2 profit, net profit, interest income, asset quality, gold loans, commercial vehicle loans, money, business, Poonawalla, Fincorp, Profit
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/earnings/poonawalla-fincorp-q2-profit-surges-fivefold-as-income-rises/articleshow/134838286.cms
- Author: Sangita Mehta
- Published: 2026-10-09T16:15:00+00:00
- Read time: 1 min
- Topics: poonawalla fincorp, q2 profit, net profit, interest income, asset quality, gold loans, commercial vehicle loans, money, business
## Poonawalla Fincorp Q2 Profit
Poonawalla Fincorp's second-quarter net profit rose more than fivefold to Rs 375 crore from a year earlier.
## Net Interest Income Surges
Net interest income climbed 75.6% year-on-year to Rs 1,589 crore.
## Asset Quality Improves
Gross non-performing asset ratio improved to 1.20% from 1.59% a year earlier.
## Gold Loan Network Expands
New products including gold loans accounted for 28% of second-quarter disbursements.
## Margin Expansion
Yields on new disbursements expanded by about 20 basis points in the second quarter.
## Commercial Vehicle Growth
Commercial vehicle business expanded to more than 1,250 channel partners.
## Key takeaway

Poonawalla Fincorp reported a 405.2% year-on-year increase in Q2 net profit to Rs 375 crore, driven by higher interest income and improved asset quality.