Approval of Un-audited Standalone and Consolidated Financial results for the half year ended 30th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veefin Solutions' Board approved unaudited H1 FY26 results. On a standalone basis, revenue from operations more than doubled to ₹26.38 crore (vs ₹12.68 crore in H1 FY25), while profit after tax jumped to ₹6.44 crore from ₹1.43 crore. On a consolidated basis, revenue surged to ₹110.04 crore (vs ₹19.09 crore), largely aided by the acquisition of a 36.56% stake in White Rivers Media Solutions for ₹124.30 crore during the period. Consolidated PAT attributable to shareholders rose to ₹7.17 crore from ₹3.52 crore, with basic EPS of ₹3.08 (vs ₹1.56). The company also raised debt (₹60 crore term loan and ₹30 crore NCDs at 13.5–16.25%) and approved a preferential issue of equity shares and warrants. A merger scheme involving two subsidiaries (Estorifi and GlobeTF) with an appointed date of April 1, 2026 is pending approvals. The statutory auditor ADV & Associates issued a clean limited review report with no qualifications.
Strong top-line and bottom-line growth driven mainly by the White Rivers Media acquisition should support investor sentiment in the near term, though the jump in borrowings and acquisition-led expansion warrants a close look at leverage and integration risks going forward.