OnEMI Technology Q2 FY27 Profit Doubles to ₹125 Crore

Q2 FY27 earnings at a glance

OnEMI Technology Solutions Ltd reported revenue from operations of ₹731.8 crore for the second quarter of FY27. Revenue rose 44.7% year-on-year, according to the financial information provided. Net profit for the quarter stood at ₹125.1 crore. This represented year-on-year growth of 100.5% in profit. The figures indicate that profit increased at a faster pace than revenue during the quarter. The company operates under the Kissht brand and is part of India’s digital lending sector. Its reported operating data also showed continued expansion in its customer base, assets under management and disbursements. The company has scheduled its board meeting for October 28, 2026, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

Revenue rises 44.7% year-on-year

Revenue from operations was ₹731.8 crore in Q2 FY27, compared with the previous-year quarter on the basis of the stated 44.7% growth rate. The quarterly revenue figure follows reported revenue of ₹677 crore in the June 2026 quarter. Historical quarterly figures supplied for the company show revenue rising from ₹373 crore in March 2025 to ₹625 crore in March 2026. The company had reported ₹466 crore in June 2025 and ₹518 crore in September 2025. Revenue subsequently rose to ₹601 crore in December 2025 before reaching ₹625 crore in March 2026. The June 2026 figure was ₹677 crore. The Q2 FY27 result continues this reported growth trend. However, the supplied information does not provide a detailed breakdown of revenue by product, customer category or lending channel.

Net profit growth outpaces revenue

OnEMI Technology Solutions reported Q2 FY27 net profit of ₹125.1 crore. The stated 100.5% year-on-year increase means profit more than doubled from the corresponding quarter a year earlier. The company’s profit growth was higher than its 44.7% revenue growth in the quarter. This is an important reported financial outcome because lending businesses are assessed not only by growth in loan activity but also by profitability and credit performance. The information provided does not specify the contribution of interest income, fees, operating costs, provisions or tax expense to quarterly profit. It also does not provide asset-quality ratios for Q2 FY27. Investors will therefore need the detailed financial results and accompanying disclosures for a fuller assessment of the quarter.

AUM reaches about ₹9,317 crore

Assets under management rose 68.4% year-on-year to approximately ₹9,317 crore in Q2 FY27. AUM is a key operating measure for lenders because it represents the size of loans managed by the business. The reported AUM growth was faster than the company’s Q2 revenue growth. OnEMI had reported AUM of ₹8,001 crore in Q1 FY27, with year-on-year growth of 61%. The increase to about ₹9,317 crore in Q2 indicates continued portfolio expansion from the June quarter. The company’s earlier disclosures referred to a focus on high-quality customers and off-book lending. The supplied material does not provide a Q2 FY27 split between on-book and off-book AUM. It also does not state portfolio delinquency levels, write-offs or provisioning data for the quarter.

Disbursements show higher lending activity

Overall disbursements reached approximately ₹4,612 crore in Q2 FY27. This compared with approximately ₹2,963 crore in Q2 FY26. The disclosed figures point to a substantial increase in loan originations over the year. Higher disbursements can support AUM growth when collections, repayments and portfolio run-off are considered alongside new lending. The figures also show the scale of lending activity during the quarter. The provided information does not identify the mix of personal loans, consumer financing, loan against property or other products within total disbursements. It also does not provide average ticket sizes or borrower-level data. Those details would be needed to assess changes in product composition.

Customer base continues to expand

OnEMI’s registered user base grew 32.6% year-on-year to 79.54 million. Cumulative customers served rose 22.5% year-on-year to 12.80 million. These measures indicate continued growth in the company’s digital platform reach and lending customer base. Registered users and cumulative customers served are different metrics and should not be treated as the number of active borrowers. The supplied information does not disclose the active customer count for Q2 FY27. It also does not disclose customer acquisition costs or repeat-borrower trends. Still, the growth in these reported measures provides context for the increase in disbursements and AUM. The company’s operating scale is relevant for investors tracking digital lending platforms.

Key Q2 FY27 reported metrics

The data show that AUM, disbursements and profit all grew strongly in the reported period. AUM growth exceeded revenue growth, while profit growth exceeded both revenue and AUM growth on a year-on-year basis. The disbursement comparison highlights increased lending volume from the prior-year quarter. The user-base data points to continued platform expansion. But the available figures do not establish the underlying credit-cost trend. They also do not provide the company’s capital position or borrowing-cost movement during Q2 FY27.

Board meeting and earnings call disclosure

OnEMI informed BSE that its board meeting is scheduled for October 28, 2026. The board is expected to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company also announced an earnings conference call for the same quarter and half-year period on October 24, 2026. These disclosures were made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations. The company had earlier closed its trading window from October 1, 2026, until 48 hours after the declaration of Q2 FY27 results. Such trading-window restrictions are part of listed-company compliance practices around financial results. The provided material does not state the time or participant details for the earnings call.

Previous quarter provides context

In Q1 FY27, OnEMI reported consolidated net profit of ₹950.77 million, or about ₹95.08 crore. The company said this represented 59% year-on-year growth from ₹597.37 million in the corresponding period. Q1 FY27 AUM was reported at ₹8,001 crore, up 61% year-on-year and 13% sequentially. Management had highlighted a strategic shift toward high-quality customers and off-book lending. It had also stated plans to reduce borrowing costs by 100 basis points in the second half of FY27. The company further indicated that its loan against property business was projected to reach breakeven in Q3 FY27. These were management statements and projections referenced in the supplied material, rather than confirmed Q2 outcomes.

What the reported numbers mean for investors

The Q2 FY27 figures place attention on the relationship between loan growth, profitability and asset quality. Revenue growth of 44.7% and net profit growth of 100.5% indicate improved reported earnings performance in the quarter. AUM growth of 68.4% and disbursements of about ₹4,612 crore show that the lending portfolio and origination activity expanded. For a digital lender, sustained growth also requires close monitoring of borrower quality, funding costs, collections and credit provisions. The currently available information does not provide those metrics. The detailed board-approved results and earnings-call disclosures may offer further information on the drivers of earnings, portfolio composition and funding costs. Until then, the reported figures establish the headline financial and operating performance for Q2 FY27.

Outlook linked to upcoming disclosures

OnEMI Technology Solutions has reported higher revenue, a doubling of net profit, and increased AUM and disbursements in Q2 FY27. Its scheduled October 28, 2026 board meeting is the next confirmed corporate event connected to the quarter and half-year financial results. The announced earnings conference call is expected to provide a forum for management’s discussion of publicly disclosed performance. Investors will be watching for detailed financial statements and any updates on borrowing costs, off-book lending and the loan against property business. The supplied data does not provide a financial forecast for future quarters. The next formal disclosures will therefore be relevant for assessing whether the reported operating and profit growth continues through the second half of FY27.