Paul Merchants Ltd Reports Q1 FY27 Net Profit of ₹89.1 Million

NEW DELHI, India — Financial services provider Paul Merchants Limited announced its consolidated financial results for the first quarter of FY27 (Q1 FY27) ended June 30, 2026. The Chandigarh-headquartered non-banking financial firm reported a consolidated revenue from operations of ₹4.81 billion (₹4,807.74 million). Consolidated net profit for the quarter reached ₹89.1 million (₹890.59 lakh).

The performance reflects operational momentum across key financial verticals following the strategic exit from its gold loan business in prior periods.

Financial Performance and Segment Breakdown

According to the regulatory filing submitted to BSE Limited, Paul Merchants Limited’s total consolidated revenue reached ₹4.91 billion (₹4,911.67 million) including other income of ₹103.93 million. Profit before tax for the consolidated group stood at ₹134.24 million for the quarter ended June 30, 2026.

Key Segmental Results (Consolidated)

• Foreign Exchange (Forex): Generated segment revenue of ₹4,675.47 million, serving as the largest revenue generator for the group.

• Other Loans Vertical: Posted segment revenue of ₹117.15 million with segment profit before tax reaching ₹59.84 million.

• Travel Operations: Recorded revenue of ₹13.49 million during the three-month period ended June 30, 2026.

On a standalone basis, Paul Merchants Limited posted operational revenue of ₹4.69 billion (₹4,690.04 million) and net profit of ₹8.64 million (₹86.37 lakh).

Executive Leadership Changes and Regulatory Updates

The company’s Board of Directors approved key managerial changes during the meeting held on August 12, 2026. Ms. Sakshi resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel effective at the close of business hours on August 12, 2026. The Board subsequently appointed Mr. Sushil Jindal as the Chief Financial Officer and Key Managerial Personnel with effect from August 13, 2026.

Additionally, the Reserve Bank of India (RBI) reclassified the company’s wholly owned subsidiary, Paul Merchants Finance Private Limited, from a Non-Banking Financial Company - Middle Layer (NBFC-ML) to a Base Layer (NBFC-BL) entity. The reclassification was granted as the subsidiary's audited asset size stood below ₹10.00 billion (₹1,000 crore) as of March 31, 2026.

Official Sources

According to official filings with BSE Limited, statutory auditors Rajiv Goel & Associates issued an unmodified limited review report on both standalone and consolidated financial results. Managing Director Rajneesh Bansal and outgoing CFO Sakshi certified that the statements contain no misleading or false figures.

Impact on Investors and Markets

The results demonstrate steady profit generation from continuing operations following the divestment of legacy segments. Capital employed in consolidated operations stood at ₹9.07 billion as of June 30, 2026. Earnings per share (EPS) for continuing operations expanded to ₹28.88 for the quarter, offering stability for equity shareholders.

Key Facts at a Glance

• Consolidated Revenue: ₹4.81 billion (₹4,807.74 million) from operations.

• Consolidated Net Profit: ₹89.1 million (₹890.59 lakh).

• Segment Leader: Foreign Exchange segment contributed ₹4.68 billion to total consolidated revenue.

• Leadership Transition: Sushil Jindal appointed CFO succeeding Sakshi effective August 13, 2026.

• Regulatory Status: Subsidiary Paul Merchants Finance Pvt Ltd reclassified to RBI Base Layer NBFC.

Frequently Asked Questions (FAQ)

What were Paul Merchants Ltd's consolidated net profit and revenue for Q1 FY27?

Paul Merchants Ltd reported consolidated revenue from operations of ₹4.81 billion (₹4,807.74 million) and consolidated net profit after tax of ₹89.1 million (₹890.59 lakh) for the quarter ended June 30, 2026.

Who is the new Chief Financial Officer of Paul Merchants Limited?

The Board of Directors appointed Mr. Sushil Jindal as the Chief Financial Officer and Key Managerial Personnel effective August 13, 2026, following the resignation of Ms. Sakshi.

What regulatory update was reported regarding Paul Merchants Finance Private Limited?

During the quarter, the RBI reclassified wholly owned subsidiary Paul Merchants Finance Private Limited from NBFC Middle Layer (NBFC-ML) to NBFC Base Layer (NBFC-BL) as its asset size was under ₹1,000 crore.

What is the primary business driver for Paul Merchants Ltd?