Algoquant Fintech Q2 Profit Falls 6.4% to ₹5.88 Crore in FY27

Algoquant Fintech Limited reported Q2 FY27 consolidated net profit of ₹5.88 crore, down 6.4% year on year, on total income of ₹39.71 crore. Revenue declined 22.6% from the year-earlier quarter and 49.0% sequentially, although half-year profit remained above the previous year's level.

What did Algoquant Fintech report for Q2 FY27?

Algoquant Fintech reported consolidated total income of ₹39.71 crore and consolidated net profit of ₹5.88 crore for the quarter ended September 30, 2026. The board approved the unaudited standalone and consolidated results at its November 14, 2026 meeting after review by the audit committee.

On a standalone basis, total income was ₹39.72 crore, while revenue from operations was ₹39.71 crore. Standalone profit before tax stood at ₹7.98 crore and net profit was ₹5.93 crore. The small difference between standalone and consolidated profit reflects the inclusion of the company's three subsidiaries in the consolidated accounts.

How did Q2 revenue and profit compare with earlier periods?

Q2 FY27 revenue from operations fell 22.6% from ₹51.29 crore in Q2 FY26 and 49.0% from ₹77.88 crore in Q1 FY27. Consolidated net profit declined 6.4% from ₹6.29 crore a year earlier and 64.3% from ₹16.48 crore in the preceding quarter.

The year-on-year reduction in profit was smaller than the decline in revenue. On the standalone basis, net profit of ₹5.93 crore represented a margin of about 14.9%, compared with 12.3% in Q2 FY26, based on the figures disclosed in the results summary. However, profit before tax declined to ₹7.98 crore from ₹8.90 crore in the year-earlier quarter.

What do the half-year results and balance sheet show?

Algoquant Fintech's H1 FY27 standalone total income rose to ₹117.60 crore from ₹105.79 crore in H1 FY26. Standalone net profit more than doubled to ₹22.45 crore from ₹10.88 crore, while consolidated net profit increased to ₹22.36 crore from ₹10.73 crore.

Standalone total assets stood at ₹374.47 crore on September 30, 2026, compared with ₹275.21 crore on March 31, 2026. Financial assets accounted for ₹348.64 crore, including bank balances other than cash and cash equivalents of ₹200.09 crore and investments of ₹76.86 crore. Total equity was ₹157.08 crore, comprising ₹28.11 crore of equity share capital and ₹128.97 crore of other equity.

Which entities and reviews were included in the results?

The consolidated results include Growth Global Securities (IFSC) Private Limited, Algoquant Global Securities Private Limited and AQ Capital Services Private Limited. The filing does not provide business-wise revenue or profit figures for these subsidiaries, so the financial contribution of each entity is not separately disclosed.

Statutory auditor O P Bagla & Co. LLP completed limited reviews of the standalone and consolidated results. The limited-review reports did not identify a matter indicating a material misstatement or contain a qualification. Algoquant Fintech also disclosed that a clerical XBRL error related to June-quarter profit before tax and profit after tax figures had been corrected, with no change to the board-approved results.

How do the results affect investors and the operating outlook?

The results show that the September-quarter performance was lower than both the preceding quarter and the comparable quarter last year, particularly in revenue. At the same time, the half-year figures remained stronger year on year, with consolidated net profit rising by more than ₹11.63 crore from H1 FY26.

For investors, the key disclosed factors are the quarterly revenue decline, the lower sequential profit and the increase in financial assets and bank balances. The company has not issued future financial guidance, operational targets or a deadline for a specific business initiative in the results filing. Therefore, the filing provides no confirmed basis for projecting subsequent-quarter performance.

Conclusion

Algoquant Fintech's Q2 FY27 results reflect a sharp sequential decline in income and profit, with consolidated revenue at ₹39.71 crore and net profit at ₹5.88 crore. Yet the H1 FY27 figures remained higher than a year earlier, and the standalone balance sheet showed higher assets, investments and bank balances at the September-end date.

The next result update will be important for assessing whether the lower Q2 revenue was temporary or persists into the second half. Investors will also watch for any future disclosure on the operations of the three consolidated subsidiaries, since the current filing does not provide guidance or subsidiary-level financial details.