Download the app
← Latest news

Fino Q4 profit plunges 70 percent to ₹7.1 crore as revenues slide

Business
Published on 30 April 2026
Fino Q4 profit plunges 70 percent to ₹7.1 crore as revenues slide

Treasury rises, but its biggest revenue engine collapses

Fino Payments Bank’s Q4 FY26 net profit fell 70% YoY to ₹7.1 crore, and full-year profit dropped 43% to ₹52.5 crore. Total income shrank 14% YoY in FY26, while Q4 revenue fell sharply—especially “other banking operations.” The bank says the decline isn’t linked to its ex-CEO’s arrest, though regulatory scrutiny and conditions for reinstatement remain in play.

  • Q4 FY26 profit drops 70% YoY to ₹7.1 crore
  • Other banking operations revenue plunges 51% YoY in Q4
  • Treasury revenue climbs 19% YoY despite overall slowdown
  • CASA accounts and deposits rise even as profits fall
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.