The profit after tax (PAT) grew 15% on a sequential basis compared to Rs 1,097 crore in Q2FY26.
The NBFC company reported a net interest income of Rs 3,315 crore in Q3FY26, which was up 10% on a quarter-on-quarter basis versus Rs 3,004 crore in Q2FY26.
The company’s stock was listed in October and this is its second earnings report since the listing.
The company’s assets under management (AUM) grew by 26% YoY to Rs 2,34,114 crore as on December 31, 2025, from Rs 1,86,404 crore as on December 31, 2024. This is excluding motor finance. After including motor finance, AUM grew by 7% QoQ to Rs 2,60,698 crore as on December 31, 2025, from Rs 2,43,896 crore as on September 30, 2025
The net total income before motor finance grew by 33% YoY to Rs 3,594 crore in Q3FY26 from Rs 2,711 crore in Q3FY25 while it was up 7% QoQ to Rs 4,051 crore in Q3FY26 after including motor finance.
Q3FY26 consolidated performance highlights including motor finance:
— The retail and SME constituted 87% of Net AUM.
— The retail unsecured formed 10.4% of Net AUM while the disbursement in retail unsecured business picked up in the reported quarter.
— Pan India network stood at 1,505 branches across 27 states and union territories.
— Annualised operating expense on average net loan book of 2.5% in Q3FY26 versus 2.6% in Q2FY26.
— Cost to income ratio stood at 38.4% in Q3FY26 versus 39.7% in Q2FY26.
— Annualised credit cost stood at 1.2% in Q3FY26 versus 1.3% in Q2FY26.
— Total equity as of December 2025 stood at Rs 43,142 crore.
— Capital risk adequacy ratio stood at 20.3% as of December 31, 2025.
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