India, April 29 -- Fino Payments Bank net profit for the quarter ended March 31, 2026 (Q4 FY26) plummeted 70% to Rs.7.1 Cr from Rs.24 Cr in the year-ago quarter. On a sequential basis, the company's PAT declined by 42% from Rs.12.3 Cr.
Total income for the quarter declined 31% YoY and 14% QoQ to Rs.340 Cr. Meanwhile, the company's total expenditure, excluding provisions and contingencies, declined 28% YoY to Rs.334.6 Cr.
The company gained Rs.3 Cr in tax credit during the quarter. Minus the tax credit, its profit before tax (PBT) would have fallen 228% YoY to Rs.4.1 Cr.
For the full fiscal year FY26, the company's PAT declined by 43% YoY to Rs.52.5 Cr. Total income for the fiscal also diminished by 14% YoY to Rs.1,587.9 Cr....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.