FUSION NSE filing

Fusion Finance Approves Q2FY26 Results, NCD Issuance & First Call on Partly Paid Shares

The RealCase readMedium impact Positive

Fusion Finance approves Q2FY26 results with reduced losses, issues NCDs up to ₹1,100 crore, sets record date for partly paid shares, and notes director resignation. AUM at ₹7,038 crore, NIM improves to 10.85%.

Why it matters

The approval of financial results and debt fundraising activities are significant but the impact is moderate as the company reported losses and is still in the recovery phase. The resignation of a director and changes to AOA also contribute to a medium impact.

The market read

The announcement includes positive financial performance indicators such as reduced losses, increased disbursements, and improved asset quality (GNPA), as well as strategic decisions regarding fundraising and governance.

* Approved unaudited financial results for the quarter and half year ended September 30, 2025, with a loss after tax sharply reduced to ₹22 crore from ₹92 crore in Q1 FY26. * Approved the issuance of up to 10,000 rated, unsubordinated, secured, taxable, transferable, redeemable, listed, non-convertible debentures (NCDs) with a face value of ₹1 lakh each, aggregating to ₹100 crore on a private placement basis. * Approved the issuance of non-convertible debentures up to ₹1,000 crore on a private placement basis. * Fixed November 11, 2025, as the record date for the first and final call of ₹65.50 per share on partly paid-up equity shares. * Noted the resignation of Mr. Devesh Sachdev as a director of the company, effective November 4, 2025. * Approved amendments to the Articles of Association (AOA) to remove Mr. Sachdev's right to nominate an executive director, subject to shareholder approval. * AUM stood at ₹7,038 crore as on September 2025. * Total loan disbursements stood at ₹1,298 crore in Q2 FY26; increased by 37% QoQ. * Net Interest Margin (NIM) increased to 10.85% in Q2 FY26 vs 10.29% in Q1 FY26. * Gross NPA further declined to 4.61% in Q2 FY26 from 5.43% in Q1 FY26; and Net NPA stood at 0.38%. * Healthy capital adequacy position with CRAR of 31.31%. * Management Commentary: Mr. Sanjay Garyali, MD & CEO, stated that the company's path to recovery continues with reduced losses and improved collection efficiency, focusing on sustainable growth.

Filing to action

What to do with a filing like this

Fusion Finance Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Fusion Finance Limited. Read the original for the full detail.

View original filing