Fusion Finance turns profitable as asset quality improves sharply
Fusion Finance has reported a profit of Rs 62.4 crore for the first quarter, a significant turnaround from its loss in the same period last year. This improvement in profitability is largely due to a sharp increase in asset quality, with the percentage of bad loans decreasing to 2.5%. This trend is a positive sign for the company's financial health and will likely boost investor confidence.
Read the source report: Economic Times
Related coverage
- Utkarsh Small Finance Bank posts Rs 34 crore Q1 loss; asset quality stress persists Economic Times · 2026-08-02