Finkurve Financial Services Limited, operating under the brand name Arvog, has announced its unaudited financial results for the quarter ended 30 June 2025, posting strong year-on-year growth across key metrics.
The company’s Assets under Management (AUM) surged 66.01 per cent to Rs 541.78 crore, including off-book AUM of Rs 14.25 crore, compared to Rs 326.36 crore in the corresponding quarter last year.
Disbursements during the quarter stood at Rs 796.61 crore, while the branch network expanded 29.68 per cent from 64 branches in Q1 FY25 to 83 branches in Q1 FY26, with the launch of its first branch in Chennai, Tamil Nadu.
Total income rose 40.47 per cent year-on-year to Rs 40.04 crore against Rs 28.50 crore in Q1 FY25. Net interest income increased 29.47 per cent to Rs 19.52 crore from Rs 15.08 crore. The company reported a Net Interest Margin (NIM) of 15.91 per cent.
Gross NPA stood at 0.37 per cent and Net NPA at 0.17 per cent, while the capital adequacy ratio remained strong at 57.31 per cent. Liquidity position was robust with Rs 25.51 crore in cash and cash equivalents, amounting to 4.32 per cent of total assets.
During the quarter, Finkurve successfully raised approximately Rs 111.50 crore through a preferential issue of equity shares and share warrants to promoters and non-promoters.
This capital infusion will support scaling of operations, expansion of its technology-driven phygital model, and strengthening its market presence in India’s gold loan sector.
Commenting on the results, Amit Shroff, Chief Executive Officer, said the quarter began on a strong note with robust growth, strategic expansion, and continued progress towards the company’s vision of becoming a leading player in India’s gold loan industry.
He added that the focus remains on delivering superior customer experiences, leveraging technology for operational excellence, and creating long-term stakeholder value.
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