Jaipur-based non-banking financial company (NBFC) SK Finance has announced a good set of numbers for the first quarter of FY26. The company has posted a net profit of INR 87.59 crore, up 30% year-on-year (YoY) from INR 67.42 crore in the same quarter last year.
Total income for the quarter ended on 30 June 2025 was INR 652 crore, up from INR 540 crore in Q1 FY25.
SK Finance Q1 FY26: Operational and Financial Performance
- Assets Under Management (AUM): Grew 23% YoY to INR 13,668 crore, from INR 11,141 crore in June 2024.
- Disbursements: Up 16% YoY to INR 2,147 crore, from INR 1,856 crore in the previous quarter.
- Profitability: Net profit rose 30% YoY to INR 87.59 crore, on account of healthy income growth and stable asset quality.
- Branch Network & Workforce: The company has 650+ branches and 12,000+ employees across 11 states and one union territory as of June 2025.
Management Comments
Rajendra Kumar Setia, Managing Director & CEO of SK Finance, said the company is focused on sustainable growth.
“SK Finance is focused on asset quality, portfolio diversification and operational efficiencies. We are confident of sustainable growth backed by robust capital and prudent underwriting. We are looking at growth opportunities in underserved segments and geographies,” Setia said.
According to market experts, this strategy puts SK Finance in a sweet spot in the NBFC space, especially when rural and semi-urban credit demand is picking up.
About SK Finance
Founded in 1994, SK Finance is a leading NBFC registered with Reserve Bank of India. The company serves small traders, transporters, MSMEs and underserved borrowers in rural and semi-urban India. Its lending portfolio includes commercial vehicle loans, car loans and MSME financing.
With 28 years of operations, the company has established itself as a responsible financier and financier. SK Finance Q1 FY26 growth is a testament to its business model and ability to tap opportunities in underpenetrated credit markets.
Outlook
SK Finance Q1 FY26 numbers show the company is balancing growth, profitability and asset quality. With an expanding footprint, robust capital and a growing focus on rural and semi-urban segments, the company is expected to strengthen its position in the NBFC space.
For investors, the numbers mean not just steady earnings growth but also a deeper play in India’s fast growing MSME and vehicle financing space.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.