WSFx Global Pay Reports Robust Q2 FY26 Results with 90% Revenue Growth and 30x Profit Surge

WSFX Global Pay , a leading RBI-licensed AD II company specializing in foreign exchange and cross-border payments, has announced impressive financial results for the second quarter of fiscal year 2025-26. The company's performance showcases significant growth across key financial metrics, underlining its strong market position and operational efficiency.

Financial Highlights

Particulars (in ₹ Crore)	Q2 FY26	Q1 FY26	QoQ Growth
Gross Turnover	2,063.22	1,094.18	89%
Revenue from Operations	34.96	18.44	90%
Profit Before Tax (PBT)	4.86	0.16	2,938%
Profit After Tax (PAT)	3.67	0.16	2,194%

WSFx Global Pay has demonstrated remarkable quarter-on-quarter growth, with revenue from operations nearly doubling to ₹34.96 crore in Q2 FY26 from ₹18.44 crore in Q1 FY26. This 90% increase signals a strong acceleration in business momentum.

The company's profitability saw an exceptional surge, with Profit Before Tax jumping to ₹4.86 crore from ₹0.16 crore in the previous quarter, marking an impressive 30-fold increase. Similarly, Profit After Tax climbed sharply to ₹3.67 crore from ₹0.16 crore, showcasing a remarkable 23-fold growth.

Operational Performance

WSFx Global Pay's operational metrics continue to show robust growth:

The card business has grown at an 86.7% 5-year CAGR
Remittance services have expanded at a 40.6% 5-year CAGR
Digital contribution has reached 59% of total transactions

The company's asset-light model and digital-first approach have enabled cost efficiency and long-term value creation, as reflected in the improved EBITDA margin of 18%.

Strategic Initiatives and Product Launches

During the quarter, WSFx Global Pay launched several innovative products at the Global Fintech Fest 2025:

Xplorer Metal Global Card
GlobalPay Smart Switch Card
Multi-Currency Card
Zaggle co-branded card
DreamFolks Pay-Per-Use Transit Exclusive Features
Card tokenisation on Samsung and Google Wallets

These launches underscore the company's commitment to innovation and expanding its product portfolio to meet evolving customer needs.

Management Commentary

Mr. Srikrishna Narasimhan, CEO of WSFx Global Pay Ltd., commented on the results: "This quarter reflects strong operational and financial performance, driven by improved segmental traction, disciplined cost management, and continued digital expansion. Student volumes rebounded, supported by growth in the UK, Germany, and other European markets, despite a slowdown in the US and Canada."

He further added, "Our strategic partnerships and integrations with leading players such as DreamFolks, Zaggle, Samsung, and Google further reflect our intent to build a comprehensive and synergistic ecosystem for global payments."

Future Outlook

WSFx Global Pay is focusing on deepening digital adoption, expanding its partner network, and building innovative forex and payment-tech solutions. The company aims to deliver long-term value to its customers and shareholders by leveraging its omni-channel network, strong corporate governance, and compliance measures.

With its asset-light, scalable, and efficient business model, WSFx Global Pay is well-positioned to capitalize on the growing demand for foreign exchange and cross-border payment solutions in India's evolving fintech landscape.

As the company continues to innovate and expand its digital offerings, investors and market watchers will be keen to observe how these strategic initiatives translate into sustained growth and market leadership in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	+19.65%	+26.93%	+8.60%	-35.21%	+425.97%

WSFX Global Pay Limited, a key player in the payment and financial services industry, has announced a significant addition to its senior management team. The company has appointed Mr. Rohan Parab as Vice President Product Head-Cards, effective November 4, 2025.

Strategic Appointment

The appointment, approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee, brings on board a seasoned professional with over 12 years of experience in the Payment Financial Service Industry. Mr. Parab's expertise spans across several crucial areas:

Product Management
Business Development
Operations
Customer Experience

Impressive Track Record

Mr. Parab joins WSFX Global Pay with a proven track record in:

Driving strategic growth
Leading product launches
Managing key partnerships
Delivering innovative solutions in the prepaid and forex payment space

This appointment aligns with WSFX Global Pay's commitment to strengthening its leadership in the evolving fintech landscape.

Company Disclosure

In compliance with regulatory requirements, WSFX Global Pay Limited has made the following disclosures:

Disclosure Details	Information
Appointment Effective Date	November 4, 2025
Position	Vice President & Product Head - Cards
Category	Senior Management Personnel
Term of Appointment	Not Applicable

The company has duly informed the BSE Limited of this appointment, adhering to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move by WSFX Global Pay Limited suggests the company's focus on enhancing its product offerings in the cards segment. As the fintech industry continues to evolve rapidly, the addition of experienced professionals like Mr. Parab could play a crucial role in driving innovation and growth for the company.