Finkurve Financial Services reported a net profit of ₹843.81 lakh for the quarter ended June 30, 2026, up from ₹509.11 lakh in the same period last year. Total revenue from operations rose to ₹7,510.30 lakh, compared to ₹3,987.84 lakh in Q1FY26, driven by higher interest earnings.

The company's Board of Directors, meeting on August 13, 2026, approved these unaudited financial results along with several strategic resolutions. These include borrowing powers of up to ₹5,000 crore and approvals for material related-party transactions involving loans and service fees with Augmont Goldtech Private Limited, subject to shareholder approval.

Financial performance

Interest income, the primary revenue driver, rose sharply to ₹7,478.68 lakh from ₹2,659.83 lakh in Q1FY26. Fees and commission income dropped to ₹5.84 lakh from ₹1,323.51 lakh during the same period. Total expenses increased to ₹6,461.66 lakh from ₹3,320.42 lakh year-on-year, with finance costs rising to ₹2,672.31 lakh and employee benefits expense rising to ₹1,347.08 lakh.

Earnings per share (basic) stood at ₹0.60, up from ₹0.38 in the previous year's quarter. The debt-equity ratio was recorded at 2.88 as of June 30, 2026.

What the numbers show

The financial data reveals a distinct shift in revenue composition alongside aggressive balance sheet expansion. While total revenue nearly doubled year-on-year, fees and commission income collapsed to negligible levels (₹5.84 lakh), making interest income effectively the sole revenue source at 99.6% of the total. Finance costs more than tripled to ₹2,672.31 lakh, indicating that the revenue growth is heavily leveraged. This points to the company scaling its lending book rapidly, trading margin stability for volume growth in interest-bearing assets.

Asset quality and capital markets

Gross NPA ratio remained contained at 0.54%, with gross NPAs at ₹665.65 lakh. Net NPAs stood at ₹596.11 lakh, representing a 0.48% ratio. The provision coverage ratio was 10.45%, while the capital to risk-weighted assets ratio (CRAR) was healthy at 26.63%.

The company confirmed it has maintained requisite full security cover for its Secured Listed Non-Convertible Debentures aggregating ₹49,312.37 lakh. The board also approved the issue of Non-Convertible Debentures on a private placement basis and increased thresholds for loans and guarantees under Section 186 of the Companies Act, 2013. Ladha Singhal & Associates served as the statutory auditors, issuing a limited review report on the quarterly results.

Finkurve Financial Services has made interest payments on two series of Non-Convertible Debentures (NCDs) ahead of their due date, ensuring timely returns for bondholders. The Mumbai-based financial services firm disbursed the payments on July 31, 2026, one day before the August 1, 2026 deadline, reflecting strict adherence to its debt obligations.

The payments were made pursuant to Regulation 57 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the master circular for listing obligations dated July 11, 2025. The company confirmed that the interest was paid to all concerned NCD holders as per the terms outlined in the respective term sheets.

Interest Payment Details

The company issued two distinct series of monthly-interest-bearing NCDs. The first series, identified by ISIN INE734I07057, has an issue size of ₹30,00,00,000 (Rupees Thirty Crores). The second series, identified by ISIN INE734I07040, carries an issue size of ₹20,00,00,000 (Rupees Twenty Crores). Both issues require monthly interest payments, with no changes to the frequency.

The interest amounts cited above are net figures after the deduction of Tax Deducted at Source (TDS). For the ₹30 crore issue, the net payment was ₹25,79,783.00. For the ₹20 crore issue, the net payment was ₹17,30,238.67. The record date for both payments was July 17, 2026, and the last interest payment was made on June 30, 2026.

No Redemption Activity

The filing also addressed redemption details, confirming that no redemption events occurred during this period. All fields related to redemption, including type, quantity, and outstanding amounts, were marked as "Not Applicable." This indicates that the principal amounts of both NCD series remain outstanding and active.

Compliance and Governance

Kajal Parmar, Company Secretary and Compliance Officer at Finkurve Financial Services Limited, certified the disclosure. The intimation was submitted to both the BSE Limited and the National Stock Exchange of India Limited on July 31, 2026. The company reported no reasons for non-payment or delay, affirming full compliance with its debt covenants.