The Board of Directors of Purple Finance Limited at their Meeting held on October 17, 2025 have considered and approved: 1. The Unaudited Financial Results along with the Limited Review ....
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Purple Finance Limited's board, at its meeting on October 17, 2025, approved unaudited financial results for Q2 FY26 and H1 FY26 (ended September 30, 2025). Total revenue from operations jumped sharply to Rs 1,110.16 lakhs in Q2 FY26 from Rs 270.49 lakhs in Q2 FY25, while H1 FY26 revenue rose to Rs 1,728.36 lakhs from Rs 1,485.00 lakhs, driven by higher interest income and fair value gains. Net loss narrowed significantly to Rs (162.99) lakhs in Q2 FY26 versus Rs (557.17) lakhs a year ago, and to Rs (647.07) lakhs for H1 FY26 versus Rs (1,554.82) lakhs in H1 FY25. The board also approved reclassification of Ranjana Pathak (7.67%) and Satyaprakash Pathak (2.11%), together holding 9.78% stake, from 'Promoter Group' to 'Public' category. Operating cash flow, however, remained deeply negative at Rs (6,245.38) lakhs for H1 FY26. Auditor Jogin Raval & Associates issued an unmodified limited review report.
The strong revenue growth and sharply narrowing losses signal improving business momentum, but persistent net losses and a deeply negative operating cash flow continue to be concerns for shareholders. The reclassification of ~9.78% stake from Promoter to Public will reduce promoter holding and increase the public float once approved.