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Poonawalla Fincorp's Consolidated Profit Balloons in Fiscal Q4; Shares Up 3%

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-- Poonawalla Fincorp's (NSE:POONAWALLA, BOM:524000) consolidated attributable profit surged to 25.5 billion Indian rupees in the fiscal fourth quarter ended March from 623.3 million rupees a year ago.

Earnings per share climbed to 3.14 rupees from the year-ago figure of 0.81 rupees, according to a Tuesday filing to the Indian stock exchanges by the financial services provider.

Revenue from operations in fiscal Q4 jumped to 21.2 billion rupees from 11.7 billion rupees a year earlier.

Shares of the company rose nearly 3% in Wednesday's trade.

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