SK Finance Reports Strong Q1 FY27 Performance, Sustains Growth Momentum

Mr Rajendra Kumar Setia, MD & CEO, SK Finance Limited

Jaipur (Rajasthan) [India], August 3: SK Finance Limited today announced its financial results for the quarter ended June 30, 2026, reporting a strong performance driven by sustained customer demand, disciplined underwriting, robust collections and continued investment in technology.

Key Highlights:

  • Assets Under Management (AUM) at ₹16,227 crore as of June 30, 2026
  • Profit After Tax (PAT) at ₹104 crore in Q1 FY27

During the quarter, the Company reported a Profit After Tax (PAT) of ₹104 crore, registering a 19 per cent YoY growth. Assets Under Management (AUM) stood at ₹16,227 crore as on June 30, 2026, also increasing by 19 per cent YoY, driven by healthy demand across commercial vehicle loans, passenger vehicle loans, tractor loans, construction equipment loans and secured business loans.

SK Finance also maintained a strong credit profile with long-term ratings of AA-/Stable from ICRA and CARE Ratings, AA-/Positive from India Ratings, and a short-term rating of A1+.

Commenting on the results, Mr Rajendra Kumar Setia, Managing Director & CEO, SK Finance Limited, said:

“We have begun FY27 on a strong footing, driven by consistent business momentum, disciplined risk management and the trust reposed in us by our customers, dealer partners and lending institutions. Our resilient asset-backed lending model, coupled with a strong focus on execution and governance, continues to position us well for sustainable growth.”

“Technology is central to our growth strategy and our vision of making finance simple, accessible and inclusive. We are strengthening our digital ecosystem through a one-stop customer app and a 24×7 AI-enabled IVR platform that empower customers to check EMI status, access loan details, raise and track service requests, explore loan offers and connect with us anytime. These investments are helping us deliver greater convenience while building a faster, smarter and more scalable lending franchise,” he added.

SK Finance

Looking ahead, SK Finance will continue expanding across underserved markets, strengthening its digital ecosystem and customer relationships, and delivering sustainable growth while maintaining prudent risk management and capital discipline.

About SK Finance Limited

Founded in 1994, SK Finance Limited is one of India’s leading non-banking financial companies with a diversified asset-backed lending portfolio across commercial vehicles, passenger vehicles, tractors, construction equipment, secured business loans and home renovation mortgage loans.

The Company operates across 12 states and 2 union territories through a network of 700+ branches supported by 12,000+ employees, combining deep market reach with technology-enabled lending, robust risk management and a customer-first approach.

If you object to the content of this press release, please notify us at [email protected]. We will respond and rectify the situation within 24 hours.

Business

Patel Retail Limited Launches Whole Spices Under Its In-House Brand “Indian Chaska”

A range of 23 whole spices, carefully sourced, cleaned, graded and packed to preserve natural aroma, colour and flavour. Mumbai (Maharashtra) [India], October 6:  Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), A trusted name in retail, food processing and exports, has launched the Whole Spices of its in-house brand, Indian Chaska. Indian Chaska was created […]

Read More
Business

From a 500 Sq. Ft. Kitchen to a ₹4 Crore Brand: Sunita Mohapatra’s Wacky Wok Builds a Growing Food Business

Hyderabad (Telangana) [India], October 6: In late 2022, entrepreneur Sunita Mohapatra took her first step into the food business by launching Wacky Wok, an Indo-Chinese cloud kitchen from a 500 sq. ft. space in Hyderabad. With a focused vision, a commitment to quality and the support of her family, what started as a small venture […]

Read More
Business

The New Age of Retail Investing: Inside Stoxkart’s Rapid Rise in India’s Broking Industry

New Delhi [India], October 6: India’s retail investing landscape is evolving rapidly, with investors increasingly seeking transparency, affordability and technology-driven solutions. Against this backdrop, Stoxkart’s SmartTrader Plan has emerged as a proposition for retail investors, offering unlimited trading across segments for a flat monthly fee of ₹99*, eliminating traditional brokerage charges and hidden costs. Introduced […]

Read More