Key Corp Limited Reports Q2 FY2026 Loss Amid Market Volatility
Key Corp, an NBFC registered with RBI, reported a net loss of ₹255.02 lakhs in Q2 FY2026, compared to a profit of ₹787.21 lakhs in Q1. Total revenue turned negative at ₹236.70 lakhs, down from ₹808.87 lakhs in Q1. The loss was primarily due to negative fair value changes of ₹245.48 lakhs on investments. Despite Q2 setback, H1 FY2026 remained profitable with a net profit of ₹532.19 lakhs and EPS of ₹8.87. As of September 30, Key Corp's total assets stood at ₹7,359.82 lakhs with investments worth ₹7,159.60 lakhs.
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Key Corp , a Non-Banking Financial Company (NBFC) registered under the Reserve Bank of India (RBI), has reported its unaudited financial results for the second quarter ended September 30, 2025. The company faced significant challenges in Q2, primarily due to market volatility affecting its investment portfolio.
Financial Performance Highlights
Key Corp experienced a notable shift in its financial performance compared to the previous quarter:
| Particulars (₹ in lakhs) | Q2 FY2026 | Q1 FY2026 | H1 FY2026 |
|---|---|---|---|
| Net Profit/(Loss) | (255.02) | 787.21 | 532.19 |
| Total Revenue | (236.70) | 808.87 | 572.17 |
| Earnings Per Share (₹) | (4.25) | 13.12 | 8.87 |
Key Factors Influencing Q2 Results
Fair Value Changes
The company reported negative fair value changes of ₹245.48 lakhs on investments, contrasting with the gain of ₹800.16 lakhs in Q1.
Revenue Decline
Total revenue from operations turned negative at ₹236.70 lakhs, compared to ₹808.87 lakhs in the previous quarter.
Operational Expenses
Despite the revenue decline, Key Corp maintained relatively stable operational expenses, with total expenses at ₹18.32 lakhs for Q2.
Half-Yearly Performance
Despite the Q2 setback, Key Corp maintained profitability for the half-year period:
- Net profit for H1 FY2026 stood at ₹532.19 lakhs
- Basic earnings per share for H1 was ₹8.87
Balance Sheet Strength
As of September 30, 2025, Key Corp reported:
- Total assets of ₹7,359.82 lakhs
- Investments worth ₹7,159.60 lakhs
- A net worth of ₹7,324.08 lakhs
Management Commentary
The company's board of directors approved these unaudited financial results in their meeting held on October 16, 2025. Specific management comments were not provided in the report.
Conclusion
Key Corp's Q2 FY2026 results highlight the challenges faced by NBFCs in a volatile market environment. While the company experienced a significant downturn in Q2, its half-yearly performance remains positive. Investors and stakeholders may closely watch how the company navigates market uncertainties in the coming quarters.
Note: All financial figures are based on the unaudited results for the quarter and half-year ended September 30, 2025, as reported by Key Corp Limited.
Historical Stock Returns for Key Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.57% | +0.76% | -7.64% | -49.78% | -67.48% | +1,465.10% |
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