'The income from operation of
Fedbank Financial Services increased 3% to Rs 530.29 crore in Q2FY2026. Overall
OPM improved to 67.9% in Q2FY2026 from 67.5% in Q2FY2025, leading to 4% rise in
operating profit to Rs 360.19 crore.
Other income declined 7% to Rs
5.70 crore. Interest cost increased were flat at Rs 213.84 crore. Depreciation
moved up 11% to Rs 13.06 crore. The provisions of the company declined 21% to
Rs 31.52 crore, leading to 24% rise in the PBT to Rs 107.47 crore.
The effective tax rate was
flat at 25.4% in Q2FY2026 compared to 25.3% in Q2FY2025. Provision for tax was
expense of Rs 27.32 crore, compared to Rs 21.87 crore. Profit after tax
increased 24% to Rs 80.15 crore.
Business
highlights
AUM of the company has
increased 13% to Rs 16136 crore end September 2025. The company as
de-recognized Rs 116 crore of unsecured business loans pursuant to a 100%
direct assignment transaction. Thus, the share of secured loans has ju...
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