DiGiSpice Q1 Results: Consolidated profit rises 138% QoQ to ₹6.60 cr
DiGiSpice Technologies Ltd posted a consolidated net profit of ₹6.59 crore in Q1FY26, up 138% quarter-on-quarter, driven by its fintech segment's revenue of ₹107.75 crore. Standalone results showed a loss of ₹279.44 lakh due to a ₹207.60 lakh property impairment. The company awaits NCLT approval for its proposed amalgamation scheme.

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DiGiSpice Technologies Limited reported a consolidated net profit after tax of ₹6.59 crore for the quarter ended June 30, 2026, rising sharply from ₹2.76 crore in the previous quarter. The company’s Board of Directors approved the unaudited financial results on August 5, 2026, highlighting strong performance in its core fintech business despite a standalone loss driven by exceptional asset impairment charges.
The consolidated revenue from operations stood at ₹107.75 crore, marginally higher than ₹107.17 crore in the prior quarter but down from ₹123.76 crore in the same period last year. Total income reached ₹113.87 crore, supported by other income of ₹6.12 crore. The company incurred total expenses of ₹101.53 crore, leading to a profit before tax of ₹10.27 crore. After accounting for a tax expense of ₹3.31 crore, the net profit attributable to equity holders was ₹6.48 crore.
Segment Performance
The Financial Technology Services segment, primarily operated through subsidiary Spice Money Limited, remains the primary revenue driver. It contributed ₹107.75 crore in segment revenue and generated a segment result (profit before interest and tax) of ₹13.58 crore. This compares to a segment result of ₹7.46 crore in the previous quarter and ₹11.37 crore in the corresponding quarter of FY25. The segment’s assets totaled ₹583.34 crore, while liabilities stood at ₹475.80 crore as of June 30, 2026.
| Metric | Q1FY26 (₹ in lakhs) | Q4FY26 (₹ in lakhs) | Q1FY25 (₹ in lakhs) |
|---|---|---|---|
| Revenue from Operations | 10,775.13 | 10,717.23 | 12,375.66 |
| Net Profit After Tax | 6,595.50 | 2,762.20 | 6,932.40 |
| Earnings Per Share (Basic) | ₹0.28 | ₹0.11 | ₹0.29 |
Standalone Results and Exceptional Items
On a standalone basis, DiGiSpice Technologies recorded a net loss of ₹279.44 lakh for the quarter, widening from a loss of ₹97.21 lakh in the same period last year. The standalone entity had no revenue from operations, with total income limited to ₹12.16 lakh from other sources. Total expenses amounted to ₹17.25 lakh.
A significant factor impacting the bottom line was an exceptional item: an impairment loss of ₹207.60 lakh recognized on an investment property in Kolkata. Management assessed this based on market evidence and indicative offers received for the asset. Additionally, the discontinued Digital Technology Services segment reported a loss of ₹20.94 lakh for the quarter.
Strategic Developments
The company continues to advance its Scheme of Amalgamation involving the merger of Spice Money Limited, E-Arth Travel Solutions Private Limited, and Vikasni Fintech Private Limited into the holding company. Shareholders approved the scheme on July 13, 2026, and the second motion petition was filed with the NCLT on July 24, 2026. The scheme is subject to final regulatory approvals and the disposal of shareholdings held by specific trusts.
During the quarter, the company issued 200,000 equity shares under its employee stock option plan, increasing paid-up capital to ₹62.58 crore. The group also noted recoveries against a previously provisioned receivable of ₹50.98 lakh related to a distributor dispute, following an independent investigation.
Historical Stock Returns for Digispice Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | -4.93% | -16.23% | -14.67% | -22.61% | -77.80% |
How might the final regulatory approval of the amalgamation scheme impact DiGiSpice's operational efficiency and future revenue synergies?
What is the management's strategy to address the YoY decline in consolidated revenue despite the sharp rise in net profit?
Could the standalone losses driven by asset impairments signal broader challenges in managing non-core real estate holdings?


































