Palash Securities' Q2 FY 2025-26 Quarterly Results

Result Summary

• Palash Securities Ltd reported a 87.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 62.7%.
• Its expenses for the quarter were up by 59.8% QoQ and 60.7% YoY.
• The net profit decreased 9.2% QoQ and decreased 7.1% YoY.
• The earnings per share (EPS) of Palash Securities Ltd declined at 0.65 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Palash Securities Ltd is a company operating within the financial services sector. The primary focus of the company is not explicitly mentioned, but based on its name, it is likely involved in securities or investment services. However, specific details about the company's main products or services are not available from the provided data. There are no recent major developments mentioned, so any recent strategic changes or expansions are unknown.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Palash Securities Ltd reported a total income of ₹25.63 crores. This represents a significant quarter-over-quarter (QoQ) growth of 87.2% compared to ₹13.69 crores in the first quarter of fiscal year 2026 (Q1FY26). Year-over-year (YoY) comparison with the second quarter of fiscal year 2025 (Q2FY25), which had a total income of ₹15.75 crores, shows a 62.7% increase. These numbers indicate a substantial rise in the company's revenue streams over both periods, illustrating an increase in business volume or pricing.

Profitability

The company's profitability metrics reveal a challenging financial performance in Q2FY26. The profit before tax (PBT) was negative at ₹-1.05 crores, although this is an improvement from ₹-3.01 crores in Q1FY26, reflecting a 65.1% QoQ reduction in losses. However, when compared to Q2FY25, where the PBT was ₹-0.85 crores, the YoY change shows a 23.5% decline in profitability. Tax expenses in Q2FY26 were ₹1.69 crores, a sharp increase from ₹0.01 crores in Q1FY26, and a decrease from ₹2.11 crores in Q2FY25. Consequently, the profit after tax (PAT) was ₹-2.75 crores in Q2FY26, a slight improvement from ₹-3.03 crores in Q1FY26, showing a 9.2% QoQ reduction in losses. Compared to Q2FY25, where the PAT was ₹-2.96 crores, there is a 7.1% YoY improvement.

Operating Metrics

Earnings per share (EPS) for Palash Securities Ltd in Q2FY26 was ₹-0.65, a significant improvement from ₹-1.57 in Q1FY26, marking a 58.6% QoQ increase. In comparison to Q2FY25, where EPS was ₹-1.64, there is a 60.4% YoY improvement. Total expenses for Q2FY26 amounted to ₹26.68 crores, up from ₹16.70 crores in Q1FY26, representing a 59.8% QoQ increase. When compared to the previous year's same quarter, which had expenses of ₹16.60 crores, there is a 60.7% YoY increase in expenses. These figures show a substantial increase in operating costs, which may have impacted the company's overall financial performance during the period.