BSEPurple Finance LtdHighNeutral
Announced Wed, 21 Jan · 19:22 IST

The Board of Directors of Purple Finance Limited at their Meeting held today i.e. Wednesday, January 21, 2026 have considered and approved the Unaudited Financial Results along with the ....

Revenue Growth 20pctPat NegativePat Growth 25pctResults View source PDF

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AI summary

Purple Finance's Board approved unaudited standalone results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period, which were reviewed by auditor Jogin Raval & Associates with a clean limited review report. Total revenue from operations surged to Rs. 1,337.08 lakhs in Q3 FY26, up from Rs. 376.70 lakhs in Q3 FY25 — a jump of roughly 255% year-on-year — driven mainly by interest income (Rs. 745.52 lakhs) and net gains on fair value changes (Rs. 457.54 lakhs). The company swung to a marginal net profit of Rs. 1.22 lakhs in Q3 FY26, compared to a loss of Rs. 183.15 lakhs in the same quarter last year, while losses continued to narrow sequentially. For the nine months ended Dec 31, 2025, the net loss stood at Rs. 645.84 lakhs (improved from Rs. 1,162.94 lakhs loss in the prior year period), with total revenue at Rs. 3,065.19 lakhs versus Rs. 847.09 lakhs earlier. The company also raised capital via 1 crore warrants at Rs. 39 each (Rs. 9.75 cr received as 25% upfront) and allotted Rs. 25 crore of secured NCDs in January 2026. Asset quality remained healthy with gross NPA at 1.28% and net NPA at 1.06% of AUM (Rs. 195.96 crore).

Likely market impact

Strong revenue growth and sharply narrowing losses — with Q3 FY26 turning marginally profitable — are encouraging signs for shareholders, though the company remains loss-making on a 9-month basis. The fresh capital raised through warrants and NCDs should support further business expansion, and contained NPA levels suggest stable asset quality.