Please find enclosed the press release pertaining to Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2025
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Purple Finance Ltd, an MSME-focused NBFC, reported its Q2 FY26 results showing strong growth momentum. Total income jumped 80% quarter-on-quarter to Rs. 11.1 crore, while Assets Under Management grew 27% sequentially to Rs. 163 crore — a 209% rise over the past year. The company is still loss-making at the bottom line, but its net loss narrowed sharply by 66% from the previous quarter to Rs. 1.63 crore. Asset quality remains healthy with Gross NPA under 1% at 0.87%, though it has edged up from 0.73% in the previous quarter. Management is targeting AUM of Rs. 250 crore by end of FY26, supported by branch expansion to 43 locations and a team of 400+ employees.
Strong top-line growth and rapidly narrowing losses signal improving fundamentals, which is encouraging for long-term shareholders. However, the company remains loss-making and a slight uptick in NPAs as it scales aggressively is something investors should keep an eye on.