Fusion Finance Limited — Updates, 24-05-2025: Press Release
24-05-2025 | 01:30 am
24-05-2025 | 01:30 am
Fusion Finance has announced a board meeting to consider the financial results for the quarter and half-year. FY25 AUM dropped 21.75% YoY to INR 8,980 Cr with 32.08 lakh active borrowers in 1,571 branches. Total income declined 1.8% YoY to INR 2,369 Cr, and pre-provision operating profit fell 28% to INR 736 Cr. The company posted a loss after tax of INR 1,225 Cr. Q4 showed improvement with net interest income up 20% QoQ to INR 268 Cr, credit costs halved to INR 253 Cr, and gross NPA eased to 7.92%. Rights issue was oversubscribed 1.5x, raising INR 800 Cr for capital.
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