Microfinance Institutions company Fusion Finance announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total income stood at Rs 476 crore in Q4FY25 vs Rs 483 crore in Q3FY25 Net interest income (NII) for Q4FY25 increased to Rs 268 crore from Rs 223 crore in Q3FY25 Net Interest Margin (NIM) stood at 8.57% in Q4FY25 vs 8.86% in Q3FY25 Cost of funds stood at 10.52% in Q4FY25 vs 10.28% in Q3FY25 Pre-provision Operating Profit increased to Rs 90 crore in Q4FY25 from Rs 65 crore in Q3FY25 Loss after tax stood at Rs 165 crore in Q4FY25 Increased Stage 3 provision coverage to 96.53% in Q4FY25 vs 88% in Q3FY25 Credit cost decreased to Rs 253 crore in Q4FY25 from Rs 571 crore in Q3FY25 despite higher provision coverage and accelerated write-offs Gross NPA decreased to 7.92% in Q4FY25 from 12.58% in Q3FY25; Net NPA at 0.3% Healthy capital adequacy position with CRAR of 22.42% (30%+ proforma for Rs 800 crore Rights Issue) Robust liquidity of Rs 798 crore aggregate of cash and cash equivalents and liquid assets, amounting to 9.63 % of the total assets FY25 Financial Highlights: Total income stood at Rs 2,369 crore in FY25 vs Rs 2,412 crore in FY24 Pre-provision Operating Profit stood at Rs 736 crore in FY25 vs Rs 1,028 crore in FY24 Loss After Tax stood at Rs 1,225 crore in FY25 Business Highlights: AUM stands at Rs 8,980 crore as on March 2025 Total loan disbursements stood at Rs 6,971 crore in FY25 Active borrower base stood at 32.08 lakh as of March 2025 1,571 branches across 22 states including 3 Union Territories Commenting on the FY25 results, Devesh Sachdev, Managing Director, said, “FY25 had been a challenging year for the industry. We were the first ones to recognize the stress and take early concrete steps to address the issues. Since then, we have witnessed many significant and encouraging results indicating that we are already on our path to recovery. Our Rights Issue was successfully completed in Q4FY25 with a subscription of 1.5x. This reflects the continued strong confidence of existing investors in Fusion while bolstering our capital adequacy.” Sharing his views, Sanjay Garyali, Chief Executive Officer, said, “As | step into this role, | commend Fusion’s early recognition of portfolio stress and the timely, decisive actions that followed. This has set a strong foundation for a healthier, more resilient book. Our portfolio continues to rebalance toward stability, with new book collection efficiency reaching 99.67% in March 2025. We will continue to reinforce this momentum by maintaining robust guardrails across governance, data, and execution — ensuring growth remains disciplined and sustainable.” Result PDF