SG Finserve Reports Stellar Q1 FY27 Performance with Net Profit Surging 119% YoY to ₹53.68 Crore

Non-Banking Financial Company (NBFC) SG Finserve Limited has announced its un-audited financial results for the first quarter of the fiscal year 2026-27, ended June 30, 2026. The company commenced the new financial year with explosive growth across all primary parameters, more than doubling its net profit year-on-year on the back of rapidly growing interest income streams and well-contained asset quality metrics.

Robust Topline Growth Led by Lending Activity

SG Finserve recorded a total revenue from operations of ₹13,610.83 lakh (₹136.11 crore) for Q1 FY27. This represents a massive 101.65% growth year-on-year over the ₹6,749.57 lakh (₹67.50 crore) reported in the corresponding first quarter of the previous fiscal year (Q1 FY26). The top-line performance also showcased sequential momentum, expanding 29.13% compared to the ₹10,540.62 lakh (₹105.41 crore) registered in the immediate preceding March 2026 quarter (Q4 FY26).

A deep dive into the revenue metrics shows:

Interest Income: Climbed to ₹12,885.98 lakh, serving as the principal engine of growth and expanding from ₹6,445.58 lakh in Q1 FY26.

Fees and Commission Income: Expanded to ₹663.43 lakh during the three-month period against ₹279.34 lakh in the corresponding year-ago quarter.

Net Gain on Fair Value Changes: Stood positive at ₹61.42 lakh, turning around from a slight sequential loss of ₹0.47 lakh in Q4 FY26.

Including minor alternative non-operating sources, the company's total income for the June 2026 quarter closed at ₹13,612.51 lakh.

Operational Efficiencies and Bottom-Line Surge

The heavy expansion in credit distribution naturally escalated core funding costs. Total expenses for the quarter rose to ₹6,461.92 lakh, compared to ₹3,364.17 lakh in Q1 FY27. Finance costs accounted for the largest expense block at ₹5,406.07 lakh, up from ₹2,480.37 lakh in the same period last year. Notably, impairment charges on financial instruments-which reflect credit provisions-dropped down to ₹87.42 lakh from ₹103.33 lakh in Q1 FY26, signaling efficient asset oversight.

Driven by strong revenue generation outperforming expense increments, SG Finserve's Profit Before Tax (PBT) reached ₹7,150.59 lakh, up from ₹3,385.40 lakh in the same quarter last year.

After adjusting for a current tax liability of ₹1,811.86 lakh and a deferred tax credit of ₹20.03 lakh, the company delivered a consolidated Profit for the Period of ₹5,367.76 lakh (₹53.68 crore). This translates to an explosive 118.95% year-on-year growth compared to the ₹2,451.60 lakh net profit recorded in Q1 FY26, and a sequential increase of 26.99% over the ₹4,226.91 lakh posted in Q4 FY26.

Capital Base and Per-Share Returns

Reflecting this upward earnings trajectory, the non-bank lender's per-share returns saw substantial improvements:

Basic Earnings Per Share (EPS): Rose to ₹8.21 per share on a face value of ₹10, a strong jump from the basic EPS of ₹4.39 recorded in Q1 FY26 and ₹7.45 in Q4 FY26.

Diluted Earnings Per Share (EPS): Finalized at ₹8.05 per share, compared to ₹3.67 in the parallel year-ago period.

The capital layout of the company expanded during the quarter, with its paid-up equity share capital scaling up to ₹6,589.50 lakh, up from ₹5,589.50 lakh in June 2025. Furthermore, the company's other accumulated equity balance climbed significantly to ₹1,47,269.48 lakh (₹1,472.69 crore), compared to ₹98,611.69 lakh in the parallel quarter of the prior fiscal year, providing a resilient balance sheet framework to support future asset growth.

Shares of SG Finserve Ltd was last trading in BSE at Rs. 604.15 as compared to the previous close of Rs. 617.30. The total number of shares traded during the day was 184594 in over 5821 trades.

The stock hit an intraday high of Rs. 669.00 and intraday low of 586.30. The net turnover during the day was Rs. 115248981.00.

Source : Equity Bulls

Keywords

SGFinserve INE618R01015 Q1FY27 Q1FY2027 ResultUpdate