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Awaiting price reaction for this filing.
Emerald Finance Limited reported strong financial results for Q3 FY26 and 9M FY26. Standalone net profit for 9M FY26 grew 104.6% year-on-year to ₹8.76 crore from ₹4.28 crore, while standalone total income rose 68.16% to ₹14.93 crore and EBITDA jumped 80.18% to ₹13.02 crore. On a consolidated basis, 9M FY26 net profit grew 73% to ₹10.79 crore with total income of ₹21.45 crore. For Q3 FY26 alone, standalone net profit rose 82% to ₹3.15 crore. CRISIL upgraded the company's long-term credit rating to BBB-/Stable from BB+/Stable, citing improved credit metrics. The company also onboarded 35+ new corporates on its Earned Wage Access platform, disbursed over ₹105 crore in gold loans in December, and partnered with Muthoot Fincorp as a lead sourcing agent for gold and personal loans.
The sharp profit growth, rating upgrade, and expanding business partnerships signal strengthening fundamentals and improved investor confidence, which could support a lower cost of funds and drive further valuation upside.