Purple Finance544191Quarterly results
Board approves Q2 results, three new lending products and registered office shift
Board approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, limited reviewed by Jogin Raval & Associates.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,470.08 | 1,110.16 | +32.4% | 1,611.58 | −8.8% |
| Total income | 1,481.37 | 1,110.41 | +33.4% | 1,622.45 | −8.7% |
| Profit before tax | (389.79) | (220.43) | −76.8% | 5.22 | — |
| Profit after tax | (288.35) | (162.99) | −76.9% | 38.43 | — |
| Total comprehensive income | (285.67) | (158.56) | −80.2% | 41.11 | — |
| Basic EPS | (0.46) | (0.29) | −58.6% | 0.07 | — |
- Total income YoY change
- +33.4%
- Period
- Quarter ended 30.09.2026
Also decided at the meeting
- Approved shifting of Registered Office to 5/502, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Bandra East, Mumbai-400051 with effect from October 23, 2026.
- Approved launch of MSME unsecured lending product 'Saral' (Purple Saral), date of launch November 01, 2026.
- Approved launch of MSME secured lending product 'Saksham - LAP', date of launch October 28, 2026.
- Introduced a new institutional secured lending product 'Loan to NBFC' for MSME-sector NBFCs, date of launch October 28, 2026.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Company acquired 100% of Saksham Gram Credit Pvt Ltd for Rs.99,00.00 Lakhs (cash Rs.27,00.03 lakhs + shares Rs.71,99.97 lakhs); completed 22 September 2026, now wholly owned subsidiary.
- Preferential issue of 40,00,000 equity shares approved; allottee subscribed 27,00,000 shares and balance 13,00,000 shares lapsed.
- During the quarter the Company acquired a stressed loan portfolio for aggregate consideration of Rs.15,50.00 lakhs (principal outstanding Rs.75,12.65 lakhs).
- Authorised share capital increased from Rs.82,60,00,000 to Rs.97,60,00,000 with shareholders' approval at EGM on August 31, 2026.
Financial results approved
- The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by Jogin Raval & Associates, Chartered Accountants. The results were reviewed and recommended by the Audit Committee.
- Standalone 'Total income' was Rs. 1,481.37 lakh for the quarter ended 30.09.2026, against Rs. 1,622.45 lakh in the quarter ended 30.06.2026.
- Standalone 'Profit/(Loss) for the period/year after tax' was Rs. (288.35) lakh for the quarter, against Rs. 38.43 lakh in the quarter ended 30.06.2026.
- For the six months ended 30.09.2026, standalone 'Total income' was Rs. 3,103.81 lakh and 'Profit/(Loss) for the period/year after tax' was Rs. (384.58) lakh.
- Standalone net worth stood at Rs. 25,075.51 lakh as at 30.09.2026; paid-up equity share capital was Rs. 7,713.79 lakh (face value Rs. 10/-).
- Basic and diluted EPS for the quarter were Rs. (0.46).
- The debt-equity ratio was 0.62x as at 30.09.2026, against 0.82x as at 30.06.2026.
Asset quality
- Gross Stage III assets were 2.40% of AUM as at 30.09.2026, compared with 1.89% as at 30.06.2026 and 0.87% as at 30.09.2025.
- Net Stage III assets were 1.89% of AUM, against 1.45% and 0.77% on the same dates.
- Total assets under management stood at Rs. 329,21.24 lakh as on 30.09.2026, of which loans amounting to Rs. 107,66.75 lakhs are managed or serviced under co-lending / servicing arrangements with various partners.
New lending products approved
- 'PURPLE SARAL' - an MSME-focused product under the Unsecured Lending category, date of launch November 01, 2026.
- 'SAKSHAM LAP' - an MSME-focused product under the Secured Lending category, date of launch October 28, 2026.
- A new institutional lending product, 'Loan to NBFC', aimed at Non-Banking Financial Companies in the MSME sector, under the Secured Lending category, date of launch October 28, 2026.
- The company states that these products, alongside its existing lending activities under PURPLE, will enable it to cater to the full spectrum of the MSME sector. All three are for the Domestic Market.
Other decisions and disclosures
- The Registered Office is being shifted from Room No. 11, 1st Floor, Indu Chamber 349/353, Samuel Street, Vadgadi, Masjid Bunder (West), Mumbai 400003 to 5/502, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Gurunanak Hospital, Bandra East, Mumbai 400051, with effect from October 23, 2026.
- During the quarter, the company acquired 100% equity shareholding in Saksham Gram Credit Pvt Ltd for an aggregate consideration of Rs. 99,00.00 lakhs, comprising cash consideration of Rs. 27,00.03 lakhs and equity share consideration of Rs. 71,99.97 lakhs (99,99,992 shares issued at Rs. 72 per share, face value Rs. 10 per share). The acquisition was completed on 22 September 2026.
- Through direct assignment, the company transferred loans with an aggregate amount of Rs. 1,501.31 lakh in the quarter, with sale consideration of Rs. 1,351.18 lakh, across 2 transactions.
- A stressed loan portfolio was acquired during the quarter for an aggregate consideration of Rs. 15,50.00 lakhs, with aggregate principal outstanding of Rs. 75,12.65 lakhs.
- The authorised share capital was increased from Rs. 82,60,00,000 to Rs. 97,60,00,000, divided into 9,76,00,000 equity shares of Rs. 10 each, pursuant to shareholder approval at an Extra Ordinary General Meeting held on August 31, 2026.
- The Board meeting commenced at 03:58 p.m. and concluded at 06:04 p.m.
Also from Purple Finance
Purple Finance board enables affordable housing finance entry; Q2 consolidated PAT ₹100.17 lakh
23 Oct 2026
Board approves PURPLE SARAL and SAKSHAM LAP launches plus a Loan to NBFC product; Q2 loss Rs. 288.35 lakh
23 Oct 2026
Board approves shift of registered office to Bandra East and launch of three new lending products
23 Oct 2026
More numbers
- Standalone Profit/(Loss) after tax, six months ended 30.09.2026 (Rs. in lakh)(384.58)
- Standalone Net worth as at 30.09.2026 (Rs. in lakh)25,075.51
- Gross Stage III assets as % of AUM, 30.09.20262.40%
- Net Stage III assets as % of AUM, 30.09.20261.89%
- Consideration for 100% of Saksham Gram Credit Pvt Ltd (Rs. in lakh)Rs.99,00.00 Lakhs
- Assets under management as at 30.09.2026 (Rs. in lakh)329,21.24
- Total income, latest quarter1,481.37 (Rs. In Lakhs)
- Total income, year-ago quarter1,110.41 (Rs. In Lakhs)
- Total income, previous quarter1,622.45 (Rs. In Lakhs)
- Total comprehensive income, latest quarter(285.67) (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter(158.56) (Rs. In Lakhs)
- Total comprehensive income, previous quarter41.11 (Rs. In Lakhs)
- Profit after tax, latest quarter(288.35) (Rs. In Lakhs)
- Profit after tax, year-ago quarter(162.99) (Rs. In Lakhs)
- Profit after tax, previous quarter38.43 (Rs. In Lakhs)
- Revenue from operations, latest quarter1,470.08 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter1,110.16 (Rs. In Lakhs)
- Revenue from operations, previous quarter1,611.58 (Rs. In Lakhs)
- Profit before tax, latest quarter(389.79) (Rs. In Lakhs)
- Profit before tax, year-ago quarter(220.43) (Rs. In Lakhs)
- Profit before tax, previous quarter5.22 (Rs. In Lakhs)
Source: BSE · 23 Oct 2026
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