Fusion Finance, a microfinance institution, released Q1 financial results showing improvements in credit costs and portfolio quality. AUM decreased 14% QoQ to ₹7,688.00 crore. Net loss reduced to ₹92.00 crore from ₹165.00 crore in the previous quarter. NIM expanded to 10.29%. GNPA improved to 5.43%, and NNPA declined to 0.19%. Credit costs decreased to ₹178.00 crore. Disbursements were ₹950.00 crore with enhanced guardrails. Current collection efficiency improved to 98.50%. The company maintains a strong liquidity position of ₹724.00 crore and a robust CRAR of 29.52%. Strategic initiatives include onboarding a Chief Credit Officer and focusing on portfolio quality.
Fusion Finance Reports Widened Net Loss and Revenue Decline in Q1 FY26 2 days ago
Fusion Finance Reports Q4 FY25 Net Loss of Rs 165 Crore, Breaches Financial Covenants May 24, 2025
Fusion Finance's ₹800 Crore Rights Issue Oversubscribed, Bolstering Financial Position May 12, 2025
Fusion Finance Appoints Sanjay Garyali as New CEO Amid Financial Challenges Mar 14, 2025
More news about Fusion Finance
20Feb 25
Fusion Finance Announces Rs 800 Crore Rights Issue to Boost Capital Adequacy
Fusion Finance Limited plans to raise Rs 800 crore through a rights issue, aiming to boost its capital adequacy ratio above 30% and strengthen its balance sheet. The announcement follows positive Q3 FY24-25 results, showing improved business parameters, enhanced loan portfolio quality, and strong MSME lending growth. The company's Q3 earnings call, held on February 13, 2025, provided further insights into its performance.