Please find enclosed the press release regarding the Unaudited Financial Results for the quarter ended June 30, 2025.
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Purple Finance Ltd, an NBFC lending to micro and small MSMEs, reported its Q1 FY26 business update. Assets Under Management grew from Rs 10,305 lakhs to Rs 12,836 lakhs (up ~24.6%) compared to FY25 year-end. The company expanded its network from 32 to 37 branches and grew its workforce from 334 to 374 employees. Gross Networth rose sharply from Rs 7,712.92 lakhs to Rs 11,257.43 lakhs, pushing Capital Adequacy up from 50.69% to 53.19%. Portfolio interest rate edged up to 21.23% from 21.00%, while Gross NPA increased marginally from 0.65% to 0.73%. The management reiterated its long-term ambition of converting into a Small Finance Bank.
Positive business momentum — strong AUM growth, higher net worth, and healthy capital cushion support future expansion, though the slight uptick in Gross NPA warrants monitoring. Investors may view the scale-up in branches and staff as a sign of execution toward the Small Finance Bank goal.