First Fintec Limited Reports Profit Amid Revenue Decline in Q1 FY2026

First Fintec Limited , a financial technology company, has released its unaudited standalone financial results for the first quarter of the fiscal year 2025-26, revealing a mixed performance with a significant revenue decline but maintaining profitability.

Revenue and Profitability

For the quarter ended June 30, 2025, First Fintec reported total income from operations of ₹427.30 lakhs, marking a substantial decrease from ₹791.88 lakhs in the previous quarter and ₹871.88 lakhs in the same quarter of the previous year. This represents a quarter-on-quarter decline of 46.04% and a year-on-year decline of 50.99%.

Despite the sharp drop in revenue, the company managed to post a net profit after tax of ₹155.45 lakhs. However, this profit figure is lower compared to ₹261.20 lakhs in the previous quarter and ₹347.71 lakhs in the corresponding quarter of the previous year, indicating a decline in profitability.

Pre-Tax Loss and Earnings Per Share

First Fintec recorded a net loss before tax of ₹55.02 lakhs for the quarter. The company's ability to report a net profit after tax despite a pre-tax loss suggests potential tax benefits or adjustments during the period.

The earnings per share (EPS) for the quarter stood at ₹9.82, reflecting the company's profit on a per-share basis.

Board Approval and Publication

The financial results were approved by the Board of Directors in their meeting held on August 14, 2025. Following the approval, the results were published in newspapers on August 17, 2025, as per regulatory requirements.

Market Implications

The significant decline in revenue may raise concerns among investors about the company's growth trajectory and market position. However, First Fintec's ability to maintain profitability in the face of reduced income could be seen as a sign of effective cost management or the presence of high-margin revenue streams.

Investors and analysts will likely be keen to understand the factors behind the revenue decline and the company's strategies to address this in the coming quarters. The management's commentary on these results and future outlook will be crucial for stakeholders to assess the company's prospects.

As the financial technology sector continues to evolve rapidly, First Fintec Limited's performance in subsequent quarters will be closely watched to determine if this revenue decline is a temporary setback or indicative of broader challenges facing the company.