Submission of Outcome of Board Meeting
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Emerald Finance Limited's Board, at its meeting on October 15, 2025, approved the unaudited financial results for Q2 FY26 (quarter ended September 30, 2025) on both standalone and consolidated basis. Standalone total revenue from operations surged to ₹489.24 lacs in Q2 FY26 from ₹293.88 lacs in Q2 FY25, a jump of about 66%, while profit after tax more than doubled to ₹297.73 lacs from ₹143.85 lacs. On a consolidated H1 FY26 basis, revenue rose nearly 45% to ₹1,361.50 lacs and PAT grew about 81% to ₹679.35 lacs, reflecting strong business momentum. The Board also accepted the resignation of Mrs. Navneet Kaur as Internal Auditor and appointed Ms. Shivangi Sharma in her place, constituted a CSR Committee, and approved the CSR Policy. The statutory auditor (S. Lal Bansal & Co.) issued an unmodified review report on the results.
Strong double-digit revenue and PAT growth, along with margin expansion, signal healthy operating performance and should be viewed positively by shareholders. However, the negative operating cash flow of about ₹1,108 lacs (standalone) and ₹1,063 lacs (consolidated) in H1 FY26, driven by a sharp increase in loans and advances, is a watch item even as profitability remains robust.