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Poonawalla Fincorp Shares Surge Over 8% As Q2 Profit Increases Five-Fold, Results Beat Expectations

Poonawalla Fincorp Shares Surge Over 8% As Q2 Profit Increases Five-Fold, Results Beat Expectations

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Poonawalla Fincorp reported a sharp jump in earnings for the September quarter, with net profit rising over five-fold year-on-year, supported by healthy growth in income, improving margins and stable asset quality.

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