Press Release of Un-audited Financial Results for the Quarter Ended September 30, 2025
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Awaiting price reaction for this filing.
WSFx Global Pay Ltd, an RBI-licensed forex and cross-border payments company, reported strong Q2 FY26 results. Revenue from operations nearly doubled QoQ to Rs. 34.96 crore from Rs. 18.44 crore in Q1 FY26 (~90% growth). Profit Before Tax surged ~30x to Rs. 4.86 crore from Rs. 0.16 crore, while Profit After Tax jumped ~23x to Rs. 3.67 crore. Gross turnover for Q2 stood at Rs. 2,063.22 crore, with H1 FY26 PAT at Rs. 3.83 crore. The company also launched six new products at the Global Fintech Fest 2025, including new card variants and wallet integrations with Samsung and Google.
Sharp sequential improvement in both revenue and profitability signals accelerating business momentum, likely positive for the stock in the short term. However, the very low Q1 base partly inflates the QoQ growth, and the slowdown in US and Canada student remittances remains a watchpoint.