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Fedbank Financial Services surged 10.80% to Rs 170.70 after the non-banking financial company (NBFC) reported a strong financial performance for the quarter ended 30 June 2026.
The company's standalone net profit rose 52.49% year-on-year (YoY) to Rs 114.38 crore in Q1 FY27 from Rs 75.01 crore in the corresponding quarter last year. Revenue from operations increased 29.68% YoY to Rs 669.93 crore.
Profit before tax (PBT) climbed 52.94% YoY to Rs 153.48 crore during the quarter.
Net interest income (NII) grew 38.7% to Rs 371.9 crore in Q1 FY27 from Rs 268.2 crore in Q1 FY26, supported by healthy business growth.
Net interest income (NII) rose 38.7% to Rs 371.9 crore in Q1 FY27 compared with Rs 268.2 crore posted in Q1 FY26.
Assets under management (AUM) increased 34.7% YoY to Rs 21,136 crore as of 30 June 2026. Loan disbursements rose 13.9% YoY to Rs 6,760 crore during the quarter.
The company's asset quality also improved, with gross non-performing assets (GNPA) declining by 44 basis points to 1.6% in Q1 FY27 from 2.0% a year earlier. Net non-performing assets (NNPA) fell by 28 basis points to 1.0% in Q1 FY27 from 1.2% in the same period last year.
Fedbank Financial Services (FedFina) is a non-banking finance company (NBFC). It is a subsidiary company of Federal Bank and has been engaged in financial services. It is a leading retail focused NBFC specializing in loan against property and gold Loans. As of June 2026, it operates 757 branches.
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