Indus Finance Ltd Reports 116% Jump in Q3FY26 Net Profit to ₹28.60 Lakhs
Indus Finance Ltd reported strong Q3FY26 performance with net profit surging 116% to ₹28.60 lakhs despite a 9% decline in total income to ₹137.24 lakhs. The company benefited from effective cost management with total expenses falling 5% to ₹96.63 lakhs, though employee costs rose significantly. Nine-month performance showed challenges with net profit declining to ₹54.35 lakhs from ₹99.41 lakhs in the previous year. The results were approved by the Board on January 28, 2026.

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Indus Finance Ltd has announced its unaudited standalone financial results for the third quarter ended December 31, 2025, demonstrating strong quarterly performance with significant improvement in net profitability. The Chennai-based financial services company reported robust growth in bottom-line performance despite facing challenges in revenue generation.
Financial Performance Overview
The company's financial performance for Q3FY26 showed mixed results with strong profitability growth offset by revenue decline:
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Total Income | ₹137.24 lakhs | ₹150.96 lakhs | -9.09% |
| Interest Income | ₹122.34 lakhs | ₹150.96 lakhs | -18.95% |
| Total Expenses | ₹96.63 lakhs | ₹101.71 lakhs | -4.99% |
| Net Profit | ₹28.60 lakhs | ₹13.21 lakhs | +116.50% |
The company achieved a remarkable 116% year-on-year increase in net profit, rising to ₹28.60 lakhs from ₹13.21 lakhs in Q3FY25. This improvement was primarily driven by effective cost management and reduced total expenses, which declined by 4.99% to ₹96.63 lakhs.
Revenue Components and Operational Income
Interest income, the company's primary revenue source, decreased to ₹122.34 lakhs in Q3FY26 from ₹150.96 lakhs in the corresponding quarter of the previous year. The company reported net gain on fair value changes of ₹11.72 lakhs and profit on sale of investments of ₹2.91 lakhs during the quarter. Other income components included bad debts recovered and miscellaneous income totaling ₹0.25 lakhs.
Expense Management and Cost Structure
The company demonstrated improved expense management across key categories:
| Expense Category | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Finance Costs | ₹39.46 lakhs | ₹55.22 lakhs | -28.55% |
| Employee Benefits | ₹39.55 lakhs | ₹24.69 lakhs | +60.19% |
| Other Expenses | ₹16.52 lakhs | ₹19.43 lakhs | -14.98% |
| Depreciation | ₹1.10 lakhs | ₹0.84 lakhs | +30.95% |
Finance costs showed significant improvement, declining by 28.55% to ₹39.46 lakhs. However, employee benefits expenses increased substantially by 60.19% to ₹39.55 lakhs, indicating potential expansion in workforce or compensation adjustments.
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company reported contrasting performance compared to quarterly results. Total income for nine months declined to ₹354.32 lakhs from ₹455.12 lakhs in the corresponding period of FY25. Net profit for the nine-month period stood at ₹54.35 lakhs, significantly lower than ₹99.41 lakhs achieved in the previous year.
Comprehensive Income and Other Financial Metrics
The company reported negative other comprehensive income of ₹30.20 lakhs in Q3FY26, primarily due to remeasurement of investment in shares. This resulted in total comprehensive income of negative ₹1.60 lakhs for the quarter, compared to positive ₹47.23 lakhs in Q3FY25. Earnings per share for continuing operations stood at ₹0.31 for Q3FY26, compared to ₹0.14 in the corresponding quarter of the previous year.
Board Approval and Regulatory Compliance
The financial results were reviewed by the audit committee and approved by the Board of Directors at their meeting held on January 28, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI listing regulations. Statutory auditors B.N. Misra & Co. conducted a limited review of the quarterly results and found no material misstatements in the financial statements.
Historical Stock Returns for Indus Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.00% | +3.72% | +5.26% | +10.65% | +38.85% | +1,177.11% |

























