Fino Payments Bank Posts ₹21 Cr Loss In Q2, Total Income Falls 17% YoY

by · Inc42

SUMMARY

  • Fino Payments Bank posted a ₹20.9 Cr net loss in Q2 FY27 against a ₹15.4 Cr profit a year earlier, while total income fell 16.6% to ₹333.6 Cr
  • A decline in fee and commission income outweighed higher interest earnings, while expenditure fell just 6.4% YoY, pushing the bank into the red
  • Net loss widened 52.3% from ₹13.7 Cr in Q1 FY27, despite an 8.7% sequential increase in total income