Viji Finance Q2FY27 Results: Net profit turns positive at ₹151 lakh
- Net profit for Q2FY27 stood at ₹151.10 lakh, turning around from a loss of ₹9.69 lakh in Q2FY26.
- Total revenue from operations increased to ₹276.54 lakh, driven by higher interest and fee income.
- Loans on the balance sheet grew to ₹5,207.31 lakh, reflecting aggressive portfolio expansion.
- Equity share capital rose to ₹2,310.00 lakh following preferential allotments during the period.
*this image is generated using AI for illustrative purposes only.
Viji Finance Limited reported a net profit of ₹151.10 lakh for the quarter ended September 30, 2026, marking a significant turnaround from a loss of ₹9.69 lakh in the corresponding period last year.
Total revenue from operations rose sharply to ₹276.54 lakh in Q2FY27, compared to ₹57.58 lakh in Q2FY26. This growth was driven by a substantial increase in interest income and fees and commission income. The company also reported total income of ₹285.23 lakh, up from ₹65.60 lakh in the year-ago quarter.
Financial Performance Overview
The board meeting held on October 14, 2026, approved these unaudited financial results along with the appointment of new statutory auditors via postal ballot. The following table summarizes the key financial metrics for the quarter and half-year periods:
| Metric | Q2FY27 (₹ lakh) | Q2FY26 (₹ lakh) | H1FY27 (₹ lakh) | H1FY26 (₹ lakh) |
|---|---|---|---|---|
| Interest Income | 121.54 | 57.25 | 210.34 | 113.77 |
| Fees & Commission Income | 155.00 | 0.33 | 197.37 | 0.33 |
| Total Revenue | 276.54 | 57.58 | 407.71 | 114.10 |
| Total Expenses | 83.45 | 75.69 | 137.91 | 174.92 |
| Profit Before Tax | 201.78 | -10.09 | 354.69 | -43.47 |
| Net Profit | 151.10 | -9.69 | 264.81 | -42.69 |
Balance Sheet Expansion
The company’s balance sheet witnessed significant expansion during the period. Total assets grew to ₹5,649.61 lakh as on September 30, 2026, from ₹3,365.35 lakh as on March 31, 2026. This increase is primarily attributed to a rise in loans, which stood at ₹5,207.31 lakh, up from ₹2,943.16 lakh at the end of the previous fiscal year.
Equity share capital increased to ₹2,310.00 lakh following preferential allotments. Other equity reserves also saw a notable jump to ₹2,769.10 lakh from ₹911.29 lakh. Cash and cash equivalents increased to ₹142.90 lakh from ₹43.67 lakh in the same period.
What the Numbers Show
A key observation from the financial data is the shift in revenue composition. Fees and commission income accounted for ₹155.00 lakh in Q2FY27, representing over 56% of total revenue from operations, compared to just ₹0.33 lakh in Q2FY26. This suggests a strategic pivot or significant new business activity contributing to non-interest income streams alongside traditional lending activities.
Additionally, while operating cash flow was negative at ₹2,109.37 lakh for the half-year, this was offset by financing activities generating ₹2,090.64 lakh, largely due to proceeds from the issue of equity shares and securities premium. This indicates that recent capital raises are fueling the expansion of the loan book rather than being held as idle cash.
Historical Stock Returns for Viji Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +13.73% | -0.32% | +374.70% | +383.54% | +973.79% |
What specific new business lines or partnerships are driving the sudden surge in fees and commission income, and are these revenue streams sustainable long-term?
How does the company plan to manage asset quality and credit risk given the 77% expansion in its loan book within just six months?
Will the recent preferential allotments and capital raises lead to significant shareholder dilution or impact future dividend policies?
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