Bridge Securities Limited , a company primarily engaged in commission from agriculture activities, has announced its financial results for the second quarter of the fiscal year 2025-26. The company reported a net profit of Rs 39.29 crore for the quarter ended September 30, 2025, showcasing a slight decrease from the previous quarter's profit of Rs 44.52 crore.

Revenue and Profitability

For Q2 FY2025-26, Bridge Securities recorded revenue from operations of Rs 42.31 crore, down from Rs 50.52 crore in the previous quarter. The company's total income for the quarter stood at Rs 42.31 crore, compared to Rs 50.52 crore in Q1 FY2025-26.

The company's performance for the first half of FY2025-26 shows a cumulative net profit of Rs 83.82 crore, with total revenue from operations reaching Rs 92.83 crore.

Expense Management

Bridge Securities demonstrated effective cost control during the quarter. Total expenses for Q2 FY2025-26 were Rs 3.06 crore, significantly lower than the Rs 6.05 crore reported in the previous quarter. This reduction in expenses contributed to maintaining profitability despite the decrease in revenue.

Financial Position

As of September 30, 2025, Bridge Securities reported total assets of Rs 617.17 crore, an increase from Rs 476.93 crore as of March 31, 2025. The company's financial position shows:

Cash Flow and Liquidity

The company's cash flow statement for the half-year ended September 30, 2025, indicates:

• Net cash used in operating activities: Rs 57.95 crore
• Net cash from financing activities: Rs 50.00 crore
• Net decrease in cash and cash equivalents: Rs 7.95 crore

Bridge Securities maintained a cash and cash equivalent balance of Rs 6.14 crore at the end of the period.

Share Warrants and Capital Raising

During the quarter, Bridge Securities received additional funds from the issue of convertible warrants. The company reported receiving Rs 50 lakh as the second tranche and Rs 72.49 lakh as the third tranche of warrant proceeds. As of September 30, 2025, the company has received a total of Rs 1.95 crore, representing 67.24% of the total issue consideration for 52,63,000 convertible warrants allotted at a price of Rs 5.51 each.

Earnings Per Share

The basic and diluted earnings per share for Q2 FY2025-26 stood at Rs 0.12, compared to Rs 0.13 in the previous quarter.

Bridge Securities Limited continues to operate in a single segment, focusing on commission from agriculture activities. The company's board of directors approved these unaudited financial results at their meeting held on November 7, 2025.

Bridge Securities Limited recently witnessed significant developments in its shareholding pattern and warrant allotment process.

Convertible Warrants Allotment

Bridge Securities Limited received Rs 50.00 lakh from Keyventure Enterprises Private Limited as the second tranche payment for the allotment of 52.63 lakh convertible warrants. These warrants, priced at Rs 5.51 each, were issued to non-promoter entities on a preferential basis. The first tranche payment from Keyventure Enterprises was Rs 72.49 lakh, representing 25% of the total consideration.

Share Disposal by Harshad Panchal

In a separate development, Harshad Amrutlal Panchal, a substantial shareholder, reduced his stake in the company through a series of transactions.

Share Disposal Details

Panchal disposed of 768,846 equity shares of Bridge Securities Limited through stock exchange transactions between September 10-17. This sale resulted in a reduction of his shareholding from 19.09% to 16.81% of the company's total share capital.

Transaction Breakdown

The LODR (Listing Obligations and Disclosure Requirements) data provides a detailed breakdown of the transactions:

Shareholding Impact

• Before the transaction: Panchal held 6,417,899 shares (19.09% stake)
• After the disposal: Panchal's holding stands at 5,649,053 shares (16.81% stake)

The shares were sold at a face value of Re. 1 each, representing a total reduction of 2.28% of the company's total voting capital.

Regulatory Compliance

In compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Panchal submitted the required disclosure to both the BSE Limited and Bridge Securities Limited on September 19.

Company Information

Bridge Securities Limited is listed on the BSE. The company's total equity share capital remains unchanged at 33,613,000 shares after these transactions.

These developments, including the warrant allotment and the change in ownership structure, may be of interest to investors and market watchers monitoring Bridge Securities Limited.