SPV Global Trading Limited has announced its unaudited financial results for the second quarter ended September 30, 2025, revealing a mixed performance with significant revenue growth but a notable decline in profitability.

Revenue Growth and Profit Decline

The company reported a substantial increase in revenue from operations, which rose to Rs 2,046.87 crore in Q2 FY2026, up from Rs 232.97 crore in the same quarter of the previous year. This represents a remarkable year-over-year growth of approximately 778.6%. However, despite this impressive top-line growth, SPV Global Trading posted a net loss of Rs 8.36 crore for the quarter, compared to a loss of Rs 26.87 crore in Q2 FY2025.

Consolidated Performance

On a consolidated basis, the company's performance showed a stark contrast to its standalone results. SPV Global Trading reported a consolidated profit of Rs 1,356.14 crore for the quarter, highlighting the significant contribution of its subsidiary, Rashtriya Metal Industries Limited, to the group's overall financial health.

Financial Position and Liquidity

The company's liquidity position has seen a notable decrease. Cash and cash equivalents stood at Rs 3.90 crore as of September 2025, down from Rs 116.76 crore reported in March 2025. This substantial reduction in cash reserves may raise questions about the company's short-term financial flexibility.

Key Financial Metrics

Here's a breakdown of some key financial metrics for SPV Global Trading Limited:

*As of March 2025

Management Approval and Future Outlook

The Board of Directors approved these financial results at their meeting held on November 13, 2025. While the company has shown impressive revenue growth, the continued standalone losses and decreased cash reserves may prompt investors to look for management's strategies to improve profitability and maintain liquidity in the coming quarters.

SPV Global Trading's primary focus on trading activities, coupled with the strong performance of its subsidiary, suggests a complex financial picture that investors will need to monitor closely. The stark difference between standalone and consolidated results underscores the importance of the company's subsidiary operations to its overall financial health.

SPV Global Trading Limited , a prominent player in the trading sector, has released its unaudited financial results for the first quarter of the fiscal year 2025-26, ending June 30, 2025. The company's Board of Directors approved both standalone and consolidated financial statements during a meeting held on August 12, 2025.

Board Meeting Details

The board meeting, which commenced at 4:00 p.m. and concluded at 6:10 p.m., saw the approval of the financial results prepared in accordance with Indian Accounting Standard 34. The statutory auditors, SIGMAC & Co., conducted a limited review of the results.

Consolidated Performance

The consolidated results of SPV Global Trading Limited include its subsidiaries: Rashtriya Metal Industries Limited, RMIL Real Estate LLP, and RMIL Properties LLP. One of the subsidiaries reported the following financial figures for the quarter:

Auditor's Review

SIGMAC & Co., the statutory auditors, provided a clean limited review report for both standalone and consolidated financial results. The auditors stated that nothing has come to their attention that causes them to believe that the financial statements contain any material misstatement.

Compliance and Transparency

The financial results were prepared and submitted in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory standards underscores SPV Global Trading Limited's commitment to transparency and good corporate governance practices.

Conclusion

SPV Global Trading Limited's Q1 FY2026 results reflect the company's financial position at the start of the new fiscal year. The clean audit report and timely disclosure of results demonstrate the company's dedication to maintaining investor confidence and regulatory compliance.