Enclosed herewith outcome of Board meeting along with unaudited standalone and consolidated financial results for the quarter ended 30.09.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Credent Global Finance (formerly Oracle Credit Limited) reported its unaudited results for Q2 FY26 (quarter ended 30 Sep 2025). Standalone revenue from operations jumped to Rs. 1,182.05 lakhs from Rs. 202.83 lakhs in the year-ago quarter, while net profit surged to Rs. 767.47 lakhs from Rs. 81.71 lakhs. However, the bulk of the spike came from a one-time Rs. 992.80 lakhs recovery on financial assets acquired under an assignment agreement; core interest income actually fell QoQ from Rs. 212.99 lakhs to Rs. 164.75 lakhs. On a consolidated basis, the company swung from a loss of Rs. (30.37) lakhs in Q2 FY25 to a profit of Rs. 712.58 lakhs, with H1 FY26 PAT of Rs. 741.49 lakhs vs. a loss of Rs. (992.34) lakhs a year earlier. Operating cash flow remained healthy at Rs. 1,201.96 lakhs (standalone) and borrowings declined to Rs. 956.95 lakhs from Rs. 1,473.82 lakhs. The Board also appointed M/s GAR & Company as Internal Auditor for FY 2025-26. Auditor review reports (both standalone and consolidated) were unqualified.
The headline profit jump is largely driven by a one-off recovery rather than a sustained improvement in the lending business, so investors should not read this as a steep upgrade in core earning power. Underlying interest income trends are weaker, though balance sheet quality looks better with lower borrowings and positive operating cash flow.