DiGiSPICE Technologies Reports Robust Q2 FY26 Performance with 23% GTV Growth

DiGiSPICE Technologies , a leading rural fintech platform, has announced strong financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

The company reported a 23% year-over-year increase in customer Gross Transaction Value (GTV), reaching ₹32,270.00 crores. This growth was accompanied by a revenue surge to ₹124.60 crores, marking the highest revenue attained over the last six quarters.

DiGiSPICE's financial performance for Q2 FY26 is summarized in the following table:

Particulars (₹ Crores)	Q2 FY26	Q2 FY25	Y-o-Y Growth
Customer GTV	32,270.00	26,258.00	23%
Revenue	124.60	108.90	14%
Gross Margin	52.00	43.20	20%
EBITDA	6.90	-3.20	3.2x
PAT (Continued business)	7.30	-1.50	6x

The company's gross margin registered a growth of 20% year-over-year, reaching ₹52.00 crores in Q2 FY26. EBITDA rose significantly to ₹6.90 crores, reflecting a 3.2x increase compared to the same quarter last year. Profit After Tax (PAT) from continued operations stood at ₹7.30 crores, indicating strong operating leverage.

Operational Achievements

DiGiSPICE has expanded its reach, now serving over 100 million customers across 2.54 lakh small towns through a network of 16.1 lakh registered agents. The company's market share in the Off-Us AEPS (Aadhaar Enabled Payment System) industry increased to 18.49%, signaling its growing influence in the sector.

New Product Launch

At the Global Fintech Fest 2025, DiGiSPICE unveiled its UPI Cash Point feature, enabling cash withdrawals at Business Correspondent (BC) outlets through UPI. This innovation aims to merge digital convenience with trusted physical infrastructure, potentially opening up new revenue streams for the company.

Future Growth Drivers

DiGiSPICE is focusing on several areas for future growth:

Expanding enterprise partnerships in the Cash Management Services (CMS) sector.
Increasing CASA (Current Account – Savings Account) penetration, with over 60,000 Adhikaris now live.
Scaling the credit distribution business, with a 3x year-over-year growth in secured loan disbursement value.
Leveraging new licenses and partnerships across banking, credit, collections, and insurance sectors.

Outlook

The strong financial results and strategic initiatives suggest a positive outlook for DiGiSPICE Technologies. The consistent growth in repeat customers, expanding lender network, and margin advantages signal growth potential across various business segments.

DiGiSPICE Technologies continues to drive financial inclusion in rural India, leveraging its extensive network and innovative fintech solutions. The company's performance in Q2 FY26 demonstrates its ability to capitalize on the growing demand for digital financial services in underserved markets.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.55%	-6.91%	-8.26%	+7.68%	-12.96%	+196.05%

DiGiSPICE Technologies Limited , a leading player in the financial technology services sector, has released its unaudited financial results for the quarter and half-year ended September 30, 2025, alongside significant corporate updates.

Financial Performance

For the quarter ended September 30, 2025, DiGiSPICE Technologies reported:

Consolidated revenue from operations: Rs. 12,458.48 lakhs (up from Rs. 12,375.66 lakhs in the previous quarter)
Profit before tax from continuing operations: Rs. 1,016.09 lakhs (up from Rs. 949.69 lakhs in the preceding quarter)

For the half-year ended September 30, 2025:

Consolidated revenue: Rs. 24,834.14 lakhs
Profit before tax from continuing operations: Rs. 1,965.78 lakhs

Corporate Developments

The Board of Directors, in their meeting held on November 11, 2025, noted significant share disposal plans:

Independent Non-Promoter Trust (INPT), holding 6.79% of company shares, plans to dispose of its shareholding
Independent Non-Promoter (Spice Employee Benefit) Trust (SEBT), holding 4.33%, also plans to dispose of its shareholding

Specifics of these disposals are yet to be finalized and communicated by the trusts.

This development is related to the ongoing Scheme of Amalgamation between DiGiSPICE Technologies and three other companies:

SpiceMoney Limited
E-Arth Travel Solutions Private Limited
Vikasni Fintech Private Limited

The scheme remains conditional upon approval from the National Company Law Tribunal (NCLT) and other regulatory authorities, as well as the disposal of equity shareholding by INPT and SEBT.

Segment Performance

The Financial Technology Services segment, primarily operated through Spice Money Limited, remains the main revenue driver:

Segment revenue: Rs. 12,458.48 lakhs for the quarter
Contribution: 100% of the company's consolidated revenue

Balance Sheet Highlights

As of September 30, 2025:

Item	Amount (in lakhs)
Total Assets	72,711.45
Equity Share Capital	6,246.10
Total Equity (including non-controlling interests)	22,899.74

Future Outlook

DiGiSPICE Technologies continues to focus on financial technology services opportunities, primarily through its subsidiary Spice Money Limited. The ongoing amalgamation process, once approved and implemented, is expected to streamline operations and potentially create synergies across the group's fintech businesses.

The company continues to navigate the dynamic fintech landscape, with its latest financial results and corporate actions reflecting its strategic focus on the financial technology sector. Investors and stakeholders will be keenly watching the developments regarding the share disposal by the trusts and the progress of the amalgamation scheme, as these could have significant implications for the company's future structure and operations.