Purple Finance Q2 FY27 results: net profit ₹1 crore

How did Purple Finance perform in Q2 FY27?

Purple Finance’s consolidated Q2 FY27 results included revenue of ₹17.29 crore, other income of ₹4.87 crore, total expenses of ₹19.84 crore and profit before tax of ₹2.31 crore. The company reported a net profit of ₹1 crore and basic EPS of ₹0.13. No exceptional item was reported.

The supplied results did not include EBITDA, EBITDA margin, year-ago quarter figures or previous-quarter figures for a consolidated comparison. On the standalone basis, revenue was ₹14.7 crore, revenue growth was 32.4%, profit before tax was a loss of ₹1.63 crore and profit after tax was a loss of ₹2.88 crore.

For H1 FY27, consolidated revenue was ₹33.4 crore and total income was ₹38.38 crore. Profit before tax was ₹2.36 crore, profit after tax was ₹1.39 crore and EPS was ₹0.19. The company’s filing also showed standalone H1 FY27 revenue from operations of ₹3,081.65 lakh, total income of ₹3,103.81 lakh and a net loss of ₹249.94 lakh.

What do the balance sheet and cash flow show?

As of 30 September 2026, Purple Finance reported total assets of ₹438.8 crore, total equity of ₹254.64 crore and cash of ₹39.16 crore. Borrowings and a previous balance-sheet comparison were not provided in the supplied facts. Inventories were reported at 0.0, while trade receivables and trade payables were not available.

For H1 FY27, operating cash flow was negative ₹58.57 crore and investing cash flow was negative ₹80.94 crore. Financing cash flow was positive ₹168.44 crore and capital expenditure was ₹2.72 crore. Year-earlier cash-flow comparison figures and closing cash were not provided.

The board approved the unaudited standalone and consolidated financial results and limited review report for the quarter and half year ended 30 September 2026 on 22 October 2026. The filing also said the board approved the launch of Purple SARAL and Saksham LAP, alongside a new institutional lending product for NBFCs in the MSME sector.

What did Purple Finance's management say?

In the investor presentation dated 29 October 2026, management said Purple Finance was expanding its presence in emerging markets and aspired to grow into a small finance bank serving India’s underserved MSME segment at scale. The presentation described a phygital, technology-enabled MSME lending franchise with ₹329Cr AUM, ₹373 Cr cumulative disbursements and a 2.40% gross NPA as of September 2026.

Management said the company had launched three products: Purple SARAL, Saksham LAP and NBFC Growth Loan. The filing stated that Purple SARAL was launched on 1 November 2026 as an unsecured domestic-market product, while Saksham LAP and the loan to NBFC were launched on 28 October 2026 as secured domestic-market products.

The presentation highlighted expansion across tier-3 and tier-4 cities, a branch network of 62 branches and the use of wholly owned subsidiary Saksham Gram Credit for wider distribution. It reported a distribution platform spanning 153 branches, 78 districts, 10 states, 10,607 villages and 32,577 JLG groups, alongside paperless disbursement, API-based property verification, vernacular interfaces and soft approval under 5 hours.

Management identified disciplined growth, asset-quality focus and sustainable profitability as priorities, while the presentation also referred to financial inclusion through participation by women borrowers or co-borrowers. No quantified near-term financial outlook or analyst-question responses were provided in the supplied material.

How did Purple Finance shares react?

Purple Finance’s reaction after the filing was mixed in the first 30 minutes: the share price was unchanged at 5 and 15 minutes, then moved up 0.5% at 30 minutes. On the reaction day, the stock fell 3.7% from the previous close. By the next day’s close, it was down 4.4% from the pre-results close, and the five-day cumulative move was also down 4.4%.

Against the NBFC sector median, the stock underperformed by 2.1 percentage points on the reaction day, 2.6 percentage points by the next day and 3.7 percentage points over five days. The nearest market benchmark, the Nifty Microcap 250, fell 2.3% on the reaction day, 1.9% by the next day and 2.0% over five days. Earlier reaction-day moves were positive on 22 July 2026, 21 April 2026, 21 January 2026, 17 October 2025 and 21 July 2025, and negative on 21 April 2025, 25 October 2024 and 29 July 2024.

How did other Non Banking Financial Company (NBFC) companies do?

Purple Finance was compared with 78 other NBFC companies that had filed for the quarter. Their median revenue growth was 21.5%, and 57 of 86 peers reported higher profit. The comparison is based on filings available as of 4 November 2026, with revenue-growth counts excluding Purple Finance itself.