Announced Tue, 11 Nov · 18:12 IST

Outcome Of Board Meeting Held On 11th November, 2025 Pursuant to the SEBI LODR Regulations, 2015, The Board of the Directors of the Company at their meeting held on today i.e. 11.11.2025, ....

Revenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Upsurge Investment & Finance, a Mumbai-based NBFC, announced its Q2 FY26 unaudited results on 11 November 2025. Total revenue from operations fell sharply to ₹2,287.80 lakhs from ₹3,940.47 lakhs in Q2 FY25, a drop of about 42% year-on-year, driven mainly by lower net gains on fair value changes (₹316.92 lakhs vs ₹995.66 lakhs) and reduced sale of shares and securities (₹1,719.79 lakhs vs ₹2,671.39 lakhs). Profit after tax for the quarter crashed to ₹93.57 lakhs from ₹939.17 lakhs (down ~90%), with EPS at ₹0.47 versus ₹5.18. For the half-year, PAT stood at ₹861.55 lakhs versus ₹1,388.59 lakhs, a ~38% decline. The auditor (Jain & Trivedi) issued a clean, unqualified limited review report. Total assets grew to ₹13,973.68 lakhs (from ₹10,733.74 lakhs), aided by a sharp jump in borrowings to ₹2,603.73 lakhs from ₹19.05 lakhs, while operating cash flow turned positive at ₹702.08 lakhs.

Likely market impact

Sharp sequential and year-on-year declines in revenue and profit signal weak trading and investment-book performance, which may pressure the stock price. However, clean audit, positive operating cash flow, and a much stronger balance sheet provide some comfort.