Northern Arc's Q1 profit hits record ₹121.8 cr; AUM up 26%
The investor presentation confirms already-disclosed strong quarterly numbers and a previously known non-binding MOU with Yes Bank, offering little incremental news.
— 4 earlier stories on Northern ARC Capital Ltd. →What's new
- Record standalone PAT of ₹121.8 crore in Q1 FY27, highest ever June-quarter profit.
- AUM rose 26% YoY to ₹16,855 crore; credit costs improved to 2.6%.
- Non-binding MOU with Yes Bank for inclusive credit under Viksit Bharat 2047.
Why this matters
The numbers confirm Northern Arc's strong momentum in lending and asset quality, but the presentation adds no material new information. The MOU with Yes Bank is non-binding and was already disclosed in June, so this filing is largely a recap of known data.
What we're watching
- Whether the Yes Bank partnership progresses to a binding deal with financial commitments.
- Sustained improvement in credit costs and NPA ratios in coming quarters.
- AUM growth trajectory and its effect on capital adequacy.
The full read
Northern Arc's investor presentation for Q1 FY27 confirms a record standalone PAT of ₹121.8 crore and AUM growth of 26% to ₹16,855 crore. Credit costs improved to 2.6% from 3.0% last year, and gross NPAs fell to 1.0%. The numbers were already released earlier in the day. The one new item is an MOU with Yes Bank, which was announced in June and remains non-binding. No financial terms or timelines were provided. For a company with a market cap of ₹4,656 crore, filing is routine and thin on fresh catalysts.
Questions answered
- What was Northern ARC's standalone PAT for Q1 FY27?
- It reported a record standalone profit after tax of ₹121.8 crore for the quarter ended June 2026.
- How did the AUM perform?
- Assets under management rose 26% year-on-year to ₹16,855 crore.
- What is the significance of the Yes Bank MOU?
- The MOU is a non-binding agreement to jointly advance inclusive credit under the Viksit Bharat 2047 framework. No financial terms or timelines have been disclosed, so its immediate impact is limited.
- How did credit costs and NPAs change?
- Credit costs improved to 2.6% from 3.0% a year ago, while gross NPAs fell to 1.0%.
- Were these results already known to the market?
- Yes, the core results were released earlier on the same day, so the presentation adds no new financial surprises.
Northern ARC Capital Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on NORTHARC →- 27 Jul 2026 · 5:35 PM IST Northern Arc's Q1 profit hits record ₹121.8 cr; AUM up 26%
- today Northern Arc profit hits record ₹114 cr, but ROA target softens
- today Northern Arc's Q1 profit hits record ₹114 cr on loan growth, lower bad loans
- today Northern Arc's Q1 profit jumps 41% to ₹114 cr; D2C lending tops ₹10,000 cr
- 42d ago Northern ARC links up with YES BANK in non-binding partnership