Submission of Unaudited financial result of quarter ended
Awaiting price reaction for this filing.
Sunshine Capital, an NBFC, filed its Q2/H1 FY26 results for the period ended September 30, 2025. Total income fell sharply to ₹131.76 lakhs in Q2 FY26 from ₹566.52 lakhs in Q2 FY25, a drop of about 77%; H1 FY26 income was ₹370.69 lakhs versus ₹865.19 lakhs in H1 FY25, a roughly 57% decline. Profit for H1 FY26 came in at ₹3,151.79 lakhs, up from ₹530.07 lakhs in H1 FY25, though the gain is heavily concentrated in Q1 FY26 (₹2,945.35 lakhs) versus only ₹62.60 lakhs in Q2 FY26. Cash flow from operating activities was negative at ₹(315.93) lakhs in H1 FY26 versus ₹(78.97) lakhs a year ago. The statutory auditor, M/s VRSK & Associates, issued a Limited Review Report that includes an Emphasis of Matter paragraph.
Headline profit growth looks strong, but the steep revenue decline, weak Q2 performance, and negative operating cash flow are red flags; the auditor's Emphasis of Matter adds uncertainty, so investors should seek clarity on the sustainability of earnings before taking comfort in the H1 numbers.