Profit Declines 27% To INR 17.7 Cr

Share via:


SUMMARY

Fino Payments Bank’s net profit for the first quarter ending June 2025 (Q1 FY26) fell 27.4% to INR 17.7 Cr from INR 24.3 Cr in the same period last year

The bank’s income from interest rose 34.4% to INR 60.9 Cr from INR 45.3 Cr in the previous year. On a QoQ basis, interest income increased 15.3% from INR 52.8 Cr

Including other income, total income for the period rose 3.8% to INR 453.5 Cr from INR 436.8 Cr in the previous year

Fino Payments Bank’s net profit for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Profit Declines 27% To INR 17.7 Cr


SUMMARY

Fino Payments Bank’s net profit for the first quarter ending June 2025 (Q1 FY26) fell 27.4% to INR 17.7 Cr from INR 24.3 Cr in the same period last year

The bank’s income from interest rose 34.4% to INR 60.9 Cr from INR 45.3 Cr in the previous year. On a QoQ basis, interest income increased 15.3% from INR 52.8 Cr

Including other income, total income for the period rose 3.8% to INR 453.5 Cr from INR 436.8 Cr in the previous year

Fino Payments Bank’s net profit for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Today’s NYT Strands Hints, Answer and Help for Dec....

Looking for the most recent Strands answer? Click here for...

‘World’s first’ 1,080 Hertz gaming monitor with dual-mode support...

We've seen a lot of brands launch high refresh...

I test mechanical keyboards all year round — here...

As a keyboard nerd, I really couldn't be in...

Popular