Fino Payments Bank’s Q4 Profit Dips 5% YoY To INR 24 Cr

Fino’s tax expense ballooned to INR 5.7 Cr in Q4 FY25 as against INR 8 Lakh in the year-ago quarter, resulting in the decline in profit

Total income during the quarter under review stood at INR 493.5 Cr, up over 23% from INR 401.3 Cr in Q4 FY24

Total expenses for the quarter grew 7% QoQ and 23% YoY to INR 463.8 Cr

Fino Payments Bank’s net profit slipped 5% to INR 24 Cr in Q4 FY25 from INR 25.2 Cr in the year-ago quarter on the back of rise in its tax expense.

The…