Wallfort Financial Services Reports Q3FY26 Results with Reduced Quarterly Loss
Wallfort Financial Services Limited reported Q3FY26 results showing a reduced net loss of Rs. 182.93 lakhs compared to Rs. 584.27 lakhs loss in Q3FY25. Nine-month profit stood at Rs. 947.51 lakhs, down from Rs. 2,842.87 lakhs in the previous year. Brokerage income grew strongly to Rs. 542.77 lakhs, while the company benefited from Rs. 501.41 lakhs gain from silver sales during the nine-month period.
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Wallfort Financial Services Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with reduced quarterly losses but lower nine-month profits compared to the previous year.
Financial Performance Overview
The company reported a net loss of Rs. 182.93 lakhs for Q3FY26, representing a significant improvement from the Rs. 584.27 lakhs loss recorded in Q3FY25. However, the nine-month performance showed a decline, with net profit of Rs. 947.51 lakhs compared to Rs. 2,842.87 lakhs in the corresponding period of the previous year.
| Metric | Q3FY26 | Q3FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Net Profit/(Loss) | (182.93) lakhs | (584.27) lakhs | 947.51 lakhs | 2,842.87 lakhs |
| Total Income | 420.65 lakhs | 187.30 lakhs | 2,586.19 lakhs | 4,974.53 lakhs |
| Total Expenses | 565.51 lakhs | 534.77 lakhs | 1,472.57 lakhs | 1,448.07 lakhs |
| Earnings Per Share | (1.89) INR | (6.03) INR | 9.78 INR | 29.35 INR |
Revenue Analysis
The company's revenue from operations showed challenges during the quarter, recording a negative Rs. 94.41 lakhs compared to positive Rs. 186.97 lakhs in Q3FY25. This decline was primarily attributed to net losses on fair value changes of Rs. 390.31 lakhs, compared to a loss of Rs. 916.90 lakhs in the previous year quarter.
Key Revenue Components:
- Brokerage Income: Rs. 542.77 lakhs (Q3FY26) vs Rs. 383.22 lakhs (Q3FY25)
- Interest Income: Rs. 55.62 lakhs (Q3FY26) vs Rs. 67.97 lakhs (Q3FY25)
- Dividend Income: Rs. 8.83 lakhs (Q3FY26) vs Rs. 9.72 lakhs (Q3FY25)
Operational Highlights
Despite revenue challenges, the company's brokerage income showed strong growth of 41.6% year-over-year, increasing from Rs. 383.22 lakhs in Q3FY25 to Rs. 542.77 lakhs in Q3FY26. Other income for the quarter was significantly higher at Rs. 515.06 lakhs compared to Rs. 0.33 lakhs in the previous year.
For the nine-month period, other income of Rs. 501.41 lakhs primarily represented income from silver sales, where silver worth Rs. 639.43 lakhs was sold with a purchase price of Rs. 138.02 lakhs, resulting in a gain of Rs. 501.41 lakhs.
Expense Management
Total expenses increased to Rs. 565.51 lakhs in Q3FY26 from Rs. 534.77 lakhs in Q3FY25. The major expense categories included:
| Expense Category | Q3FY26 | Q3FY25 |
|---|---|---|
| Employee Benefits | 147.49 lakhs | 164.35 lakhs |
| Other Expenses | 396.10 lakhs | 355.13 lakhs |
| Finance Costs | 11.16 lakhs | 3.96 lakhs |
| Depreciation | 10.76 lakhs | 11.33 lakhs |
Regulatory Compliance and Future Outlook
The company noted the implementation of four new Labour Codes effective November 21, 2025, which may impact employee benefit structures and compliance frameworks. The company is currently assessing the detailed rules and aligning its HR policies accordingly. The primary impact is expected in gratuity calculations and compliance procedures, though the final impact is not expected to be material.
The Board of Directors approved these results at their meeting held on February 12, 2026, which commenced at 2:00 PM and concluded at 4:45 PM. The results have been subject to a limited review by the company's statutory auditors, Kochar & Associates, with no qualifications reported.
Historical Stock Returns for Wallfort Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.17% | -4.76% | -1.19% | -30.22% | -28.91% | +141.98% |
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