Poonawalla Fincorp Plans ₹25,500 Crore Fundraise; Q3 Profit Jumps 8x, NII Up 50%
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CNBC TV18•16-01-2026, 18:01
Poonawalla Fincorp Plans ₹25,500 Crore Fundraise; Q3 Profit Jumps 8x, NII Up 50%
- •Poonawalla Fincorp announced a capital-raising plan of up to ₹25,500 crore through equity and debt issuances to fund future growth.
- •The board approved fundraising of up to ₹5,500 crore via equity, including QIP, and up to ₹20,000 crore through non-convertible debt securities (NCDs) during FY27.
- •The company reported a net profit of ₹150.2 crore in Q3FY26, an eight-fold year-on-year rise, aided by higher interest income and improved operating leverage.
- •Net interest income (NII) surged 50% year-on-year to ₹920 crore, driven by strong loan growth and improving yields.
- •Vikas Pandey was approved as Additional Director and Whole-time Director for a five-year term, subject to shareholder approval.
Why It Matters: Poonawalla Fincorp plans a massive ₹25,500 crore fundraise while reporting an 8x Q3 profit jump and 50% NII growth.
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