India, Oct. 29 -- Fino Payments Bank posted a second consecutive quarter of loss in Q2 FY27, reporting a net loss of Rs.20.9 Cr against a net profit of Rs.15.4 Cr in the year-ago period.

This is the second consecutive loss making quarter for the company after the operational disruptions it faced in February. Net loss widened 52.3% from Rs.13.7 Cr loss incurred in the previous quarter.

The company's total income for the quarter declined 16.6% to Rs.333.6 Cr from Rs.400.1 Cr in the year-ago quarter. It increased 8.7% from Rs.306.9 Cr in the preceding June quarter.

Fino's other income, which includes fees and commissions from its banking and payment services, declined 23.8% YoY to Rs.259.2 Cr from Rs.339.9 Cr. Meanwhile, the company's int...