Fusion Finance reported a Rs 62.4 crore Q1 profit, reversing a year-ago loss, as improving asset quality lifted performance. Gross NPA declined to 2.5%, while net interest margin improved. A strong capital adequacy ratio and higher AUM further strengthened the lender’s balance sheet.
Fusion Finance reported a Rs 62.4 crore Q1 profit, reversing a year-ago loss, as improving asset quality lifted performance. Gross NPA declined to 2.5%, while net interest margin improved. A strong capital adequacy ratio and higher AUM further strengthened the lender’s balance sheet.
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