Poonawalla Fincorp AUM Jumps 53% On Year To ₹412.5 Billion In June Quarter

Poonawalla Fincorp Ltd. on Friday reported a 52.8% year-on-year rise in assets under management to ₹412.50 billion as of June 30. On a sequential basis, AUM grew 15.6%, the non-banking finance company said in an exchange filing.

The company also said its liquidity position stood at ₹44.50 billion at the end of June.

"In line with our guidance, we have completed launch of six new businesses and are seeing positive traction," the company said.