Kapil Appointed CEO of Poonawalla Fincorp; Q2 Results Show Profit Surge
1 report, 1 independent
Updated Oct 9
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What happened
Kapil was appointed as the chief executive officer of Poonawalla Fincorp Limited on October 9, 2026. The company reported that its net interest income rose 80.6% year-over-year to Rs 1,380 crore in Q2FY27. Operating profit surged 126.6% year-over-year to Rs 877 crore during the quarter.
From indiatimes.com
Why it matters
The financial results indicate strong growth in Poonawalla Fincorp Limited's earnings, driven by disciplined asset under management expansion and optimization of net interest margins. The new CEO commented that the quarter marked an inflection point in establishing a resilient earnings engine through structural improvements.
From indiatimes.com
Who's involved
- KapilAppointed chief executive officer of Poonawalla Fincorp Limited
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The entities involved
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Kapil
Indian businessperson (born 1984, child of Rishi Pal)
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