Poonawala Fincorp shares soar over 6% to hit new record high on robust Q2 business updates

Shares of Poonawala Fincorp jumped over 6% in the early morning trading session after the company posted robust business updates for the Q2FY26. The shares traded at ₹558 apiece on the NSE at 9:50 am.

In the latest quarterly business updates, the company posted a stellar growth of 67% YoY in its assets under management at ₹47,625 crore. The exchange filing read, “The Company continues to have ample liquidity of approximately ₹ 6,200 crore as on 30th September 2025. The company stands by its risk first approach, robust risk management systems and a diversified asset base. As we continue to scale, our focus and commitment stands on business expansion in line with building a long-term sustainable profitable model”

In the quarter gone by, the company reported 51% YoY jump in the assets under management from ₹26,972 crore in the Q1FY24. Owing to strong growth in the AUM, the net interest income grew by 13.6% YoY to ₹768 crore.

Earlier in september the company received approval for the issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of Rs 1,00,000 each (NCDs) for an amount aggregating up to ₹1500 crore, in dematerialized form, through private placement basis. The NCDs were proposed to be listed on BSE. The Finance Committee, as authorized by the Board of Directors of the company had on September 04, 2025 approved the same.

Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).