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Poonawalla Fincorp’s net profit jumps 84% to Rs 332 cr in Q4
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    Poonawalla Fincorp’s net profit jumps 84% in Q424
    Poonawalla Fincorp’s profit jumps 84% in Q4

    (20 second reading) Poonawalla Fincorp on April 29 reported its highest-ever quarterly net profit from continuing operations at Rs 332 crore in the quarter ended March 31, which was 84 percent high year-on-year and up by 25 percent sequentially.
    For the financial year 2023-24, the company reported its highest-ever annual net profit of Rs 1,027 crore, rising 83 percent YoY.
    The total revenue stood at Rs 915 crore compared to Rs 577 crore in the year-ago period.
    The non-banking financial company also reported a YoY growth of 55 percent in assets under management to Rs 25,003 crore in the reported quarter.

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