Fullerton India's total disbursals jump 41% in 9MFY23, AUM rises 34%

NBFC major Fullerton India Credit Company (Fullerton India) reported profit of Rs 551 crore for the October-December quarter of FY23 (Q3FY23). Total Disbursals, too, jumped 41 per cent year-on-year (YoY) at Rs 19,500 crore in nine months of FY23 (9MFY23).

That apart, the company reported a 34 per cent surge in assets under management (AUM) to Rs 34,140 crore in 9MFY23. Profit, on the other hand, was registered 5.2x (times) higher than FY22 at Rs 551 crore.

Speaking on the overall performance, the management said that the company's performance in FY22 and 9MFY23 reflected deep commitment to customers.

"We have