Fedbank Financial Services Reports 368% PAT Growth in Q3 FY26
Filing Summary
Fedbank Financial Services Limited reported a significant increase in its financial performance for Q3 FY26, with a 368.6% year-on-year growth in Profit After Tax (PAT) to ₹87.9 crore. The company’s Net Interest Income rose by 16.8% to ₹318.9 crore, while Operating Profit increased by 11.7% to ₹149.4 crore. The Asset Under Management (AUM) grew by 17.4% to ₹17,500 crore, and disbursements surged by 95.8% to ₹8,606 crore. The company also expanded its branch network to 730 locations across 17 states and union territories.
Fedbank Financial Services Limited has announced its financial results for the third quarter of the fiscal year 2026. The company reported a significant increase in its financial metrics, with a notable 368.6% year-on-year growth in Profit After Tax (PAT) to ₹87.9 crore for Q3 FY26. This announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company’s Net Interest Income increased by 16.8% year-on-year, reaching ₹318.9 crore in Q3 FY26. The Operating Profit also saw an 11.7% rise, amounting to ₹149.4 crore. The Asset Under Management (AUM) grew by 17.4% to ₹17,500 crore, reflecting the company’s expanding financial footprint. Additionally, disbursements for the quarter were recorded at ₹8,606 crore, marking a 95.8% increase compared to the same period last year.
Operationally, Fedbank Financial Services Limited expanded its branch network, co-locating 14 MSE LAP branches with Gold Loan branches and launching 54 new Gold Loan branches during the quarter. The total branch count stood at 730, spread across 17 states and union territories. The company continues to focus on its core business areas, specializing in Loan Against Property and Gold Loans, targeting the emerging self-employed customer segment.
In terms of financial ratios, the Gross Stage III and Net Stage III ratios increased by 16 basis points and 9 basis points to 2.1% and 1.4%, respectively. The credit cost for Q3 FY26 was reported at 0.9%. The company’s Return on Average Assets improved to 2.5%, while the Return on Average Equity rose to 12.7%.
The timeline for these developments aligns with the company’s strategic objectives to enhance its market presence and financial performance. The expansion of its branch network and the increase in disbursements are indicative of its operational growth during the quarter.
Fedbank Financial Services Limited, also known as Fedfina, is a retail-focused non-banking finance company (NBFC) based in Mumbai. Established in 1995 and promoted by Federal Bank Limited, Fedfina specializes in Loan Against Property and Gold Loans, operating on a collateralized lending model. The company maintains a significant presence across India, with operations extending to 18 states and union territories.