NORTHARC

- Finance company Northern Arc Capital announced Q2FY26 results

Finance company Northern Arc Capital announced Q2FY26 results

Net Interest Income grew by 12% YoY & 8% QoQ to Rs 322 crore in in Q2FY26. NIM improved by 37 bps QoQ to 9.3% in Q2FY26. Fee & Other income was Rs 21 crore in Q2FY26. Opex ratio of 3.7% in Q2FY26. PPoP of Rs 213 crore in Q2FY26. croreedit cost improved QoQ to Rs 92 crore for Q2FY26 compared to Rs 102 crore in Q1FY26. Profit after tax increased by 13% QoQ to Rs 92 crore in Q2FY26 compared to Rs 81 crore in Q1FY26. Return on Assets increased by 20 bps QoQ to 2.6% for Q2FY26. Return on Equity was 10.1% for Q2FY26. Ashish Mehrotra,MD & CEO, said: “We are witnessing early signs of a credit revival, supported by the repo rate cuts earlier this year and the Government’s recent stimulus through GST rate reductions. A normal monsoon is expected to further strengthen rural demand and stability. We are confident that these measures and developments will lead to better credit uptake in second half of this year. all this is for information. this is not a buy/sell recommendation. thank you, technofunda24