Bajaj Global Q1 Results: Net profit falls 4.8% YoY to ₹4.59 lakh

Bajaj Global Limited reported a net profit of ₹4.59 lakh for the first quarter of fiscal year 2027 (Q1FY27), ending June 30, 2026. This represents a year-on-year decline from the ₹4.82 lakh net profit recorded in Q1FY26. The drop in profitability coincided with a contraction in revenue from operations, which fell to ₹11.89 lakh compared to ₹12.31 lakh in the prior year’s corresponding quarter. The results were approved by the Board of Directors during a meeting held on August 04, 2026, at its registered office in Nagpur.

The financial performance reflects modest operational activity, with total income mirroring revenue from operations at ₹11.89 lakh, as other income remained nil. Expenses totaled ₹5.75 lakh, driven primarily by employee benefit expenses of ₹4.13 lakh and other expenses of ₹1.61 lakh. Depreciation and amortization expenses were minimal at ₹0.01 lakh. Notably, the company incurred no finance costs or purchases of stock-in-trade during the quarter, consistent with its primary business focus on financing activities.

Financial Performance Overview

The following table details the key financial metrics for Q1FY27 compared to the previous quarter (Q4FY26) and the same quarter last year (Q1FY26). All figures are in ₹ lakhs unless otherwise specified.

Particulars	Q1FY27 (Unaudited)	Q4FY26 (Audited)	Q1FY26 (Unaudited)
Revenue from Operations	11.89	35.69	12.31
Other Income	-	-	-
Total Income	11.89	35.69	12.31
Employee Benefit Expenses	4.13	4.42	4.13
Other Expenses	1.61	26.71	1.66
Total Expenses	5.75	58.78	5.80
Profit Before Tax	6.14	(23.09)	6.51
Tax Expense	1.55	405.78	1.69
Net Profit After Tax	4.59	(428.87)	4.82

Earnings per share (basic and diluted) stood at ₹55.36 for the quarter, a significant improvement from the loss of ₹143.95 per share in Q4FY26 but lower than the ₹3.72 per share earned in Q1FY26. The paid-up equity share capital remained unchanged at ₹74.25 lakh.

What the Numbers Show

The primary driver of the net profit decline is the reduction in revenue from operations, which dropped by approximately 3.4% year-on-year. While operating expenses remained relatively stable—totaling ₹5.75 lakh versus ₹5.80 lakh in Q1FY26—the slight dip in top-line growth was not offset by cost efficiencies. The absence of stock-in-trade purchases and finance costs underscores the company’s financing-oriented business model, where revenue generation is likely tied to interest or fee-based income rather than traditional trading activities. The tax expense decreased marginally to ₹1.55 lakh from ₹1.69 lakh in the prior year, aligning with the lower pre-tax profit of ₹6.14 lakh.

The results were reviewed by VMSS & Associates, the statutory auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit committee also reviewed the financial statements before their approval by the Board. The company operates under Indian Accounting Standards (Ind AS), with no separate reportable segments disclosed due to its singular focus on financing.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Bajaj Global Limited held its Board of Directors meeting on May 15, 2026, at its registered office in Nagpur, with the meeting commencing at 11:30 A.M. and concluding at 12:00 P.M. The board considered and approved the Audited Financial Results for the fourth quarter and financial year ended March 31, 2026, prepared in accordance with IND AS. The statutory auditors, VMSS & Associates, issued an unmodified opinion on the standalone financial results, and Director Akshay Ranka (DIN: 00235788) submitted the outcome to BSE Limited pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

Bajaj Global's financial results for FY26 reflect a significant reversal from the prior year, with the company reporting a net loss after tax of ₹414.52 lakhs compared to a net profit of ₹578.58 lakhs in FY25. Total income for FY26 grew to ₹72.49 lakhs from ₹48.21 lakhs in FY25, driven by higher revenue from operations. However, total expenses rose sharply to ₹76.38 lakhs from ₹26.31 lakhs in FY25, resulting in a pre-tax loss of ₹3.89 lakhs against a pre-tax profit of ₹21.90 lakhs in the previous year. A deferred tax charge of ₹403.41 lakhs in FY26 compared to a deferred tax credit of ₹561.06 lakhs in FY25 was a key driver of the swing in net profitability. The following table summarises the key income statement metrics (figures in ₹ Lakhs):

Metric:	Q4 FY26 (Audited)	Q3 FY26 (Unaudited)	Q4 FY25 (Audited)	FY26 (Audited)	FY25 (Audited)
Revenue from Operations:	35.69	11.56	13.07	72.49	48.21
Total Income:	35.69	11.56	9.83	72.49	48.21
Total Expenses:	58.78	6.08	6.79	76.38	26.31
Profit/(Loss) before Tax:	(23.09)	5.48	3.04	(3.89)	21.90
Net Profit/(Loss) after Tax:	(428.87)	4.08	564.61	(414.52)	578.58
Other Comprehensive Income (Net of Tax):	(639.93)	(180.48)	(419.76)	(1,199.50)	1,253.85
Total Comprehensive Income:	(1,068.80)	(176.40)	144.85	(1,614.02)	1,832.43
Basic & Diluted EPS (₹, not annualised):	(143.95)	(23.76)	19.51	(217.38)	246.79

Balance Sheet Highlights

As at March 31, 2026, Bajaj Global's total assets stood at ₹2,290.01 lakhs, declining from ₹3,904.04 lakhs as at March 31, 2025. The contraction was primarily driven by a reduction in investments from ₹3,206.07 lakhs to ₹1,787.34 lakhs, reflecting the fair value impact on the investment portfolio. Cash and cash equivalents also declined to ₹256.06 lakhs from ₹361.88 lakhs. Total equity stood at ₹2,287.31 lakhs, down from ₹3,901.11 lakhs, with other equity reducing to ₹2,213.06 lakhs from ₹3,826.86 lakhs. The key balance sheet figures are presented below (figures in ₹ Lakhs):

Parameter:	31/03/2026 (Audited)	31/03/2025 (Audited)
Cash and Cash Equivalents:	256.06	361.88
Loans:	223.10	310.64
Investments:	1,787.34	3,206.07
Total Financial Assets:	2,266.50	3,878.59
Total Assets:	2,290.01	3,904.04
Total Liabilities:	2.70	2.93
Equity Share Capital:	74.25	74.25
Other Equity:	2,213.06	3,826.86
Total Equity:	2,287.31	3,901.11

Cash Flow Summary

The standalone cash flow statement for the year ended March 31, 2026, reflects net cash used in operating activities of ₹1,524.55 lakhs, a sharp reversal from net cash generated of ₹1,773.52 lakhs in FY25. The fair value impact of investments contributed ₹1,199.50 lakhs as a negative adjustment in operating activities. Net cash from investing activities stood at ₹1,418.73 lakhs, compared to a net outflow of ₹1,746.49 lakhs in FY25. There were no financing activities during the year. As a result, cash and cash equivalents declined by ₹105.82 lakhs during FY26, closing at ₹256.06 lakhs against an opening balance of ₹361.88 lakhs.

Cash Flow Item:	FY26 (Audited)	FY25 (Audited)
Net Cash from Operating Activities:	(1,524.55)	1,773.52
Net Cash from Investing Activities:	1,418.73	(1,746.49)
Net Cash from Financing Activities:	-	-
Net Change in Cash & Cash Equivalents:	(105.82)	27.03
Closing Cash & Cash Equivalents:	256.06	361.88

Regulatory Compliance and Trading Window

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 15, 2026, in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015. The results are prepared in accordance with Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act, 2013. The company noted that it is engaged primarily in the business of financing and accordingly there are no separate reportable segments as per Ind AS 108. In accordance with a prior communication dated March 27, 2026, and pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated and connected persons and their immediate relatives had been closed effective April 1, 2026, and will re-open 48 hours after the declaration of the financial results.