Purple Finance Limited, a fast-growing NBFC serving MSMEs through LAP products, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with considering requests for promoter group reclassification.

Financial Performance Highlights

Purple Finance demonstrated robust growth in the second quarter of FY26, with significant improvements across key financial metrics:

The company's Assets Under Management (AUM) reached ₹163 crore by the end of September 2025, marking an impressive 209% growth over the past year while maintaining a Gross NPA ratio below 1%.

Operational Expansion

Purple Finance has been actively expanding its reach:

• Number of branches increased to 43, up 16% from the previous quarter and 95% year-on-year
• Employee count grew to over 400, an increase from the previous quarter and a significant rise compared to the previous year

Future Outlook

The company aims to reach an AUM of ₹250 crores by the end of the current financial year, supported by deeper market penetration through its expanded network across key MSME clusters.

Board Meeting Outcomes

In a board meeting held on October 17, 2025, from 03:45 p.m. to 05:15 p.m., Purple Finance's directors:

1. Approved the unaudited financial results for Q2 and H1 FY26, which were reviewed by Jogin Raval & Associates, Chartered Accountants.

2. Considered requests from two Promoter Group shareholders for reclassification to the Public category:

   • Mr. Ranjana Pathak, holding 41,72,362 shares (7.67%)
   • Mr. Satyaprakash Pathak, holding 11,46,735 shares (2.11%)

Management Commentary

Mr. Amitabh Chaturvedi, commenting on the results, stated, "Our performance in Q2 demonstrates the scalability and resilience of our business model. We are committed to expanding our reach and achieving profitability while maintaining a quality portfolio."

Purple Finance continues to leverage technology and deep industry expertise to drive responsible growth in the MSME-focused lending sector. The company remains focused on serving micro and small enterprises with secured business loans.

Purple Finance Limited, a Mumbai-based financial services company, has received requests from two promoter group members to reclassify their shareholding from the 'Promoter Group' to 'Public' category. This development, disclosed in a regulatory filing, marks a potential shift in the company's shareholding structure.

Reclassification Requests

The company has received requests under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 from two individuals:

The combined shareholding of these two promoter group members represents 9.78% of the company's total shares.

Next Steps

Purple Finance Limited has stated that the Board of Directors will consider these reclassification requests in their upcoming board meeting. This consideration is in line with the regulatory requirements set forth by SEBI.

Company Information

Purple Finance Limited's registered office is located at 11, Indu Chamber, 349/353, Samuel Street, Masjid Bunder West, Mumbai – 400003, while its corporate office is at 705/706, 7th Floor, Hallmark Business Plaza, Sant Dnyaneshwar Marg, Opp. Guru Nanak Hospital, Bandra (E), Mumbai- 400051.

The reclassification, if approved, could potentially impact the company's shareholding pattern and may be of interest to investors and market watchers. However, the final decision rests with the Board of Directors and regulatory authorities.