OUTCOME OF THE BOAD MEETING DATED 04.11.2025
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The Board of Nexome Capital Markets approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025. On a standalone basis, total income for Q2 FY26 stood at Rs. 899.89 lakhs (vs Rs. 721.25 lakhs in Q2 FY25), while net profit after tax jumped to Rs. 133.43 lakhs from Rs. 25.80 lakhs year-on-year. For H1 FY26, total income was Rs. 2,644.53 lakhs and net profit was Rs. 261.38 lakhs (vs Rs. 62.69 lakhs in H1 FY25), translating to a basic EPS of Rs. 4.45. The Board also appointed Ms. Sanjana Gupta as Company Secretary cum Compliance Officer (KMP) effective November 4, 2025; she was previously Company Secretary at the group's wholly owned subsidiary Nexome Capital Services Limited. The company also incorporated a new wholly owned subsidiary, Nexome Wealth Management Limited, on July 22, 2025 to enter wealth management and financial advisory businesses. The auditors flagged expected credit loss on a loan and fair valuation loss on the investment portfolio.
Strong profit growth in H1 FY26, with net profit roughly four times the prior year period, signals a sharp improvement in core earnings. Investors should note the new subsidiary expansion and the recognized credit/valuation losses on existing loans and investments, which could weigh on sentiment despite the strong topline.