Stock Report

Poonawalla Fincorp Ltd - Q1 FY2024-25 Business Update

Posted On : 2024-07-04 22:08:30( TIMEZONE : IST )

Poonawalla Fincorp Limited has announced business updates with respect to the quarter ended 30th June 2024:

Disbursements: Total disbursements during Q1FY25 were at approximately ₹ 7,400 crore up 5% YoY compared to disbursements of ₹ 7,063 crore in Q1FY24.

Assets Under Management (AUM): AUM grew by 52% YoY to approximately ₹ 26,970 crore as on 30th June 2024.

Asset quality: GNPA and NNPA are expected to improve further and be less than 1.00% & less than 0.50% respectively.

Liquidity: The Company continues to have ample liquidity of approximately ₹ 5,200 crore as on 30th June 2024.

The above information is provisional and subject to review by the statutory auditors of the Company.

Shares of Poonawalla Fincorp Limited was last trading in BSE at Rs. 416.60 as compared to the previous close of Rs. 416.90. The total number of shares traded during the day was 946226 in over 5163 trades.

The stock hit an intraday high of Rs. 422.55 and intraday low of 414.50. The net turnover during the day was Rs. 394568289.00.