Poonawalla Fincorp stock crashes nearly 17% after NBFC posts ₹470.83 crore Q2 loss

Poonawalla Fincorp stock crashes nearly 17% after NBFC posts ₹470.83 crore Q2 loss

Shares of Poonawalla Fincorp, the Cyrus Poonawalla Group-promoted non-banking financial company (NBFC), crashed on Friday after the firm posted a net loss in the September quarter of the financial year 2024-25. Poonawalla Fincorp shares tanked 16.89 per cent to ₹297.65, compared to ₹358.15 at the previous market close. The company released its financial results for … Read more