FUSION NSE filing

Fusion Finance Q3 FY26 Profit Rs 14 Cr vs Loss Rs 22 Cr; Appoints Brahmanand Hegde as Director

The RealCase readMedium impact Positive

Fusion Finance reported Q3 FY26 profit of ₹14 crore, a turnaround from a ₹22 crore loss in Q2 FY26. Disbursements grew 23% QoQ to ₹1,594 crore. NIM improved to 11.32%. The company appointed Mr. Brahmanand Hegde as Additional Non-Executive Independent Director for 5 years, effective February 6, 2026.

Why it matters

The positive financial results and the appointment of a new independent director are material developments for the company, impacting investor sentiment and governance.

The market read

The company reported a significant turnaround in profitability from a loss to a profit, along with growth in disbursements and improvement in NIM. The appointment of an experienced director also adds a positive note.

Fusion Finance Limited announced its unaudited financial results for the quarter and nine-months ended December 31, 2025. The company reported a profit after tax of ₹14 crore for Q3 FY26, a significant turnaround from a loss of ₹22 crore in Q2 FY26. This improvement was driven by a 23% quarter-on-quarter growth in disbursements, reaching ₹1,594 crore, the highest in five quarters. Net Interest Margin (NIM) improved to 11.32% from 10.85% in the previous quarter.

The company's Asset Under Management (AUM) stood at ₹6,876 crore as of December 2025, with an active borrower base of approximately 23.4 lakh. Collection efficiency reached its highest level in six quarters. Gross NPA declined to 4.38% and Net NPA stood at 0.63%. The company maintained a healthy capital adequacy position with CRAR at 38.80%, supported by its recent Rights Issue.

In a significant development, the Board of Directors approved the appointment of Mr. Brahmanand Hegde as an Additional Non-Executive Independent Director for a period of five years, effective February 6, 2026, subject to shareholder approval. Mr. Hegde is a seasoned finance professional with over 30 years of experience in microfinance, rural banking, and financial inclusion.

The Board meeting, held on February 6, 2026, commenced at 04:00 PM (IST) and concluded at 07:15 PM (IST). The limited review report from M/s. B.K. Khare & Co. was also noted.

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.

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