Fedbank Financial Services Limited — Updates, 28-07-2025: Press Release
28-07-2025 | 05:09 pm
28-07-2025 | 05:09 pm
Fedbank Financial Services (Fedfina) reported a 6.8% YoY profit after tax (PAT) increase to ₹75.0 Cr for Q1 FY26. Asset Under Management (AUM) grew 19.0% YoY to ₹15,697 Cr, driven by strong disbursements of ₹5,933 Cr, up 18.5% YoY. The company strategically discontinued unsecured lending and executed a ₹770 Cr direct assignment, leading to de-recognition from AUM. Credit costs improved, decreasing 20.9% YoY. Fedfina also consolidated 23 MSE LAP branches by co-locating them with Gold Loan branches. Gross NPA stood at 2.0%, with ₹25 Cr of NPAs sold to an ARC.
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