Transcorp International Limited has announced robust financial results for the second quarter of fiscal year 2025-26, demonstrating significant growth across key metrics. The company's performance highlights its strategic initiatives and focused expansion in core business verticals.

Financial Highlights

Key Performance Indicators

Transcorp International has shown remarkable improvement in its profitability, with Profit Before Tax (PBT) surging 103% year-on-year to ₹120.22 lakhs in Q2 FY2025-26. This also represents a 39% growth over the previous quarter. The company's revenue from operations increased by 9% quarter-on-quarter, reaching ₹247.00 crores.

Business Segment Performance

Foreign Exchange Division

The Foreign Exchange division saw a healthy increase in revenue, growing from ₹8,373.92 lakhs to ₹8,845.36 lakhs, indicating robust activity in the forex business.

Outward Remittance

Outward remittance services showed strong growth, with revenue increasing by 26% to ₹9,877.24 lakhs in Q2 compared to ₹7,812.18 lakhs in Q1, highlighting growing customer adoption and sustained market traction.

Payment Systems

The Payment Systems vertical continues to show promising growth, recording the highest transaction volumes in the company's history during Q2 FY2025-26. The company has entered into new agreements and launched several new programs in collaboration with marquee players, contributing to its expansion in this segment.

Operational Efficiency

Transcorp International has demonstrated improved operational efficiency, with employee benefit expenses reducing from ₹453.73 lakhs in Q1 to ₹421.46 lakhs in Q2, reflecting enhanced productivity and cost optimization measures.

Half-Year Performance

For the first half of FY2025-26, Transcorp International's PBT rose to ₹206.90 lakhs, compared to ₹92.73 lakhs in the previous year's first half, underscoring improved margins and strong operational leverage.

Company Outlook

With its diversified portfolio, regulatory strength, and ongoing digital initiatives, Transcorp International remains confident in sustaining its growth momentum in the coming quarters. The company's focus on innovation, digital transformation, and customer-centric excellence continues to drive its performance across various business segments.

Transcorp International Limited, a 30-year-old Reserve Bank of India regulated entity, has been at the forefront of financial services innovation in India. As one of the first perpetual PPI license holders, the company has pioneered several initiatives in the payment and fintech space, including being the first non-Bank to launch network cards, UPI on PPI, and wearable payment devices in India.

The company's strategic focus on financial inclusion, B2B partnerships, and compliance-driven growth positions it well for continued success in the evolving financial services landscape.

Transcorp International Limited (TIL) has made several significant announcements, including an interim dividend declaration, approval of Employee Stock Options (ESOPs), and changes to its board composition. These developments come as part of the company's recent board meeting and financial results for the quarter ended September 30, 2025.

Dividend Declaration and Financial Performance

The Board of Directors has approved an interim dividend of 10% per equity share, amounting to Rs. 0.20 per share (face value Rs. 2.00). The record date for dividend eligibility is set for November 10, 2025, with the book closure period from November 11 to November 13, 2025.

In terms of financial performance, Transcorp International reported a consolidated revenue of Rs. 249.22 crores for the quarter, showing an increase from Rs. 229.26 crores in the previous quarter.

ESOP Grants and Internal Auditor Appointment

The Nomination & Remuneration Committee has approved the grant of Employee Stock Options under the TIL ESOP Scheme 2017. The options were priced at a 40% discount to the closing share price of Rs. 23.67 on October 31, 2025, resulting in a grant price of Rs. 14.20 per share.

The vesting schedule for these options is as follows:

• 30% on November 1, 2026
• 30% on November 1, 2027
• 40% on November 1, 2028

Additionally, the Board has appointed M/s G R A M AND ASSOCIATES LLP as the Internal Auditor for the financial year 2025-26.

Board and Committee Changes

Mr. Purushottam Agarwal, Non-Executive Independent Director and Chairman of the Audit Committee, will complete his second term and step down from his position on November 30, 2025.

Effective December 1, 2025, the Audit Committee will be reconstituted with the following members:

These corporate actions reflect Transcorp International's commitment to rewarding shareholders, incentivizing employees, and ensuring robust governance structures. Investors and stakeholders should take note of these developments as they may impact the company's financial outlook and operational dynamics in the coming quarters.