Poonawalla Fincorp reports 44% growth in disbursement in Q2FY23
6th Oct 2022

Poonawalla Fincorp’s total disbursement for Q2FY23 stood at around Rs 3,720 crore, up 44% Year-on-Year (YoY) and 8% Quarter on Quarter (QoQ). Consolidated AUM grew by 21% YoY and 5% QoQ to around Rs 18,550 crore as on September 30, 2022, despite sharp reduction in the discontinued loan book. The Company continues to have ample liquidity of around Rs 4,730 crore as on September 30, 2022.

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).