Fino Payments Bank reports 23rd consecutive profitable quarter

Fino Payments Bank reported its 23rd consecutive profitable quarter with financial results for the quarter and half year ended September 30, 2025. Q2 FY26 saw total throughput increase by 7% year-over-year (YoY) to ₹1,14,574 crores, with digital throughput up 32% YoY to ₹62,771 crores. For H1 FY26, total throughput grew 12% YoY to ₹2,38,116 crores, and digital throughput rose 43% YoY to ₹1,30,643 crores.

The bank's customer ownership expanded, with CASA accounts reaching approximately 1.6 crores, adding over 9.1 lakh accounts in Q2 FY26. Renewal income increased 36% YoY to ₹62 crores in Q2 FY26 and 37% to ₹118 crores in H1 FY26. Average deposits were up 36% YoY to ₹2,306 crores with a 1.9% cost of funds in Q2 FY26. PBT dropped 14% quarter-over-quarter in Q2 FY26 due to a momentary slowdown in digital business but margins improved by 5.75% YoY to 37.1%, with EBITDA margin expanding 2.8% YoY to 15.4%.

Fino Payments Bank also submitted an investor presentation detailing these financial highlights and a statement of deviation/variation in fund utilization, confirming no deviations in the use of funds raised through its initial public issue. These funds have been utilized for augmenting the bank's Tier-1 capital base and technology as per the offer’s objectives.