Fynx Capital Limited Reports Q3 FY26 Financial Results with Continued Losses Despite Revenue Growth
Fynx Capital Limited reported Q3 FY26 results showing significant revenue growth to Rs 157.30 lakh from Rs 4.28 lakh in the previous year, but continued losses with net loss after tax of Rs 81.80 lakh. Nine-month performance showed total income of Rs 300.73 lakh against Rs 15.93 lakh previously, with net losses of Rs 205.20 lakh. The company's equity capital increased to Rs 2,000.00 lakh, and EPS improved despite continued losses.

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Fynx Capital Limited (formerly known as Rajath Finance Limited) has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with SEBI regulations. The company published these results in The Free Press Journal and Navshakti newspapers on January 31, 2026.
Financial Performance Overview
The company's financial performance for Q3 FY26 shows mixed results with significant revenue growth but continued losses. Despite operational improvements, the company faced challenges in achieving profitability during the reporting period.
Quarterly Results Analysis
| Metric | Q3 FY26 | Q2 FY26 | Q3 FY25 | Change (YoY) |
|---|---|---|---|---|
| Total Income from Operations | Rs 157.30 lakh | Rs 94.75 lakh | Rs 4.28 lakh | +3,575% |
| Net Loss Before Tax | Rs (89.27) lakh | Rs (69.02) lakh | Rs (44.86) lakh | -99% |
| Net Loss After Tax | Rs (81.80) lakh | Rs (66.76) lakh | Rs (44.79) lakh | -83% |
| Basic EPS | Rs (0.41) | Rs (0.33) | Rs (1.12) | Improved |
The company demonstrated remarkable revenue growth with total income from operations surging to Rs 157.30 lakh in Q3 FY26 from Rs 4.28 lakh in the corresponding quarter of the previous year. However, this growth was accompanied by increased losses, with net loss after tax expanding to Rs 81.80 lakh compared to Rs 44.79 lakh in Q3 FY25.
Nine-Month Performance
| Parameter | Nine Months FY26 | Nine Months FY25 | Change |
|---|---|---|---|
| Total Income | Rs 300.73 lakh | Rs 15.93 lakh | +1,788% |
| Net Loss After Tax | Rs (205.20) lakh | Rs (156.31) lakh | -31% |
| Basic EPS | Rs (1.03) | Rs (3.91) | Improved |
For the nine-month period ended December 31, 2025, the company recorded total income of Rs 300.73 lakh, representing an impressive increase from Rs 15.93 lakh in the corresponding period of the previous year. The net loss after tax for nine months stood at Rs 205.20 lakh compared to Rs 156.31 lakh in the previous year.
Capital Structure Changes
The company's equity share capital increased substantially to Rs 2,000.00 lakh from Rs 400.00 lakh in the previous year, indicating significant capital infusion. The reserves position showed a deficit of Rs 287.95 lakh as of December 31, 2025, compared to a positive balance of Rs 13.57 lakh in the previous year.
Earnings Per Share Performance
The basic and diluted earnings per share for Q3 FY26 stood at Rs (0.41) each, showing improvement from Rs (1.12) in the corresponding quarter of the previous year. For the nine-month period, EPS improved to Rs (1.03) from Rs (3.91) in the previous year, reflecting the impact of increased share capital on per-share metrics.
Regulatory Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 29, 2026, in Mumbai. The results have been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) and other applicable accounting practices. The complete financial results are available on the BSE website and the company's official website.
Historical Stock Returns for Fynx Capital
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | +3.81% | -3.42% | +82.02% | +354.55% | +1,791.12% |


































