Fusion Finance: MOFSL says next 2 quarters crucial to confirm recovery
Fusion Finance has reported a net loss of Rs 92.30 crore for the first quarter of FY26, significantly higher than MOFSL’s projected loss of Rs 43.40 crore. This performance reflects a challenging quarter, as the company’s Net Interest Income (NII) declined by 31% year-on-year to Rs 270 crore, aligning with MOFSL expectations. Operating expenses rose