Ventura Guaranty Q2 profit rises to Rs 11.18 crore as costs decline

Ventura Guaranty Limited reported consolidated profit of Rs 11.18 crore for the quarter ended September 30, 2026, compared with Rs 4.66 crore a year earlier, as total income rose to Rs 64.82 crore and total expenses fell to Rs 49.38 crore. The board approved the unaudited results on November 12, 2026.

Why did Ventura Guaranty’s Q2 profit rise?

Ventura Guaranty’s quarterly profit rose because a Rs 5.09 crore increase in total income was accompanied by a Rs 3.77 crore decline in total expenses. Profit before tax increased to Rs 15.44 crore for the quarter ended September 30, 2026, from Rs 6.59 crore in the corresponding quarter of 2025. Tax expense was Rs 4.26 crore, leaving reported profit at Rs 11.18 crore.

Revenue from operations increased to Rs 64.50 crore from Rs 59.59 crore, while other income rose to Rs 32.85 lakh from Rs 4.59 lakh. Total comprehensive income was Rs 11.15 crore, compared with Rs 4.45 crore, after a Rs 2.74 lakh negative other comprehensive income in the latest quarter. Net profit attributable to owners was Rs 10.07 crore and profit attributable to non-controlling interest was Rs 1.11 crore.

How did Ventura Guaranty’s operating income change?

Ventura Guaranty’s brokerage income rose to Rs 33.13 crore from Rs 31.99 crore, while interest income increased to Rs 23.69 crore from Rs 21.22 crore. These two lines made up Rs 56.82 crore of the Rs 64.50 crore revenue from operations in the September 2026 quarter.

Net gain on fair-value changes, including derivatives, increased to Rs 1.92 crore from Rs 81.30 lakh. Other fees and commission were broadly unchanged at Rs 5.24 crore, while other operating income rose to Rs 51.75 lakh from Rs 42.86 lakh. The filing therefore shows income growth across brokerage, interest and fair-value gains.

Compared with the June 2026 quarter, total income rose from Rs 63.86 crore to Rs 64.82 crore. Brokerage income declined from Rs 34.33 crore to Rs 33.13 crore over that period, but interest income increased from Rs 21.57 crore to Rs 23.69 crore. This changed the quarterly revenue mix while still producing a higher total-income figure.

Which Ventura Guaranty expenses declined in Q2?

Ventura Guaranty’s employee-benefit expense declined to Rs 17.29 crore from Rs 20.01 crore, accounting for most of the year-on-year reduction in costs. Other expenses fell to Rs 11.48 crore from Rs 12.10 crore, and finance costs declined to Rs 3.65 crore from Rs 4.01 crore.

Fees and commission expense was Rs 15.03 crore, close to Rs 15.00 crore in the prior-year quarter. Depreciation, amortisation and impairment declined to Rs 1.93 crore from Rs 2.02 crore. Together, these movements reduced total expenses to Rs 49.38 crore from Rs 53.15 crore.

Sequentially, total expenses fell from Rs 51.40 crore in the June 2026 quarter. Other expenses decreased from Rs 12.89 crore, employee-benefit expense decreased from Rs 17.77 crore and fees and commission expense decreased from Rs 15.50 crore. Finance costs moved in the other direction, rising from Rs 3.26 crore in June.

What do Ventura Guaranty’s half-year results show?

Ventura Guaranty reported consolidated profit of Rs 20.36 crore for the half year ended September 30, 2026, compared with Rs 12.00 crore in the corresponding previous half year. Profit before tax rose to Rs 27.90 crore from Rs 16.42 crore as total income increased to Rs 128.68 crore from Rs 121.45 crore.

Half-year revenue from operations rose to Rs 128.05 crore from Rs 121.13 crore, with brokerage income at Rs 67.46 crore and interest income at Rs 45.26 crore. Total expenses declined to Rs 100.78 crore from Rs 105.03 crore, as employee-benefit expense fell to Rs 35.06 crore from Rs 39.65 crore and finance costs fell to Rs 6.98 crore from Rs 7.69 crore. Other expenses increased to Rs 24.37 crore from Rs 23.36 crore.

Basic and diluted earnings per share for the half year were Rs 47.44, compared with Rs 28.71 a year earlier; the filing states that both figures are not annualised. For the September quarter, basic and diluted earnings per share were Rs 26.13, against Rs 10.84 in the prior-year quarter.

What changed in Ventura Guaranty’s balance sheet and cash flow?

Ventura Guaranty’s total assets were Rs 1,054.72 crore at September 30, 2026, down from Rs 1,135.07 crore at March 31, 2026. Total equity increased to Rs 442.14 crore from Rs 421.48 crore, while total liabilities declined to Rs 612.58 crore from Rs 713.60 crore.

Cash and cash equivalents declined to Rs 46.74 crore from Rs 161.54 crore, although bank balances other than cash and cash equivalents increased to Rs 602.24 crore from Rs 582.64 crore. Loans rose to Rs 212.52 crore from Rs 190.50 crore and trade receivables rose to Rs 87.35 crore from Rs 65.71 crore.

Net cash used in operating activities for the half year was Rs 161.08 crore, compared with Rs 151.14 crore used in the prior-year period. Net cash generated from investing activities was Rs 18.80 crore and financing activities generated Rs 27.48 crore. The cash-flow statement records a Rs 160.85 crore outflow in trade and other payables, compared with a Rs 100.27 crore outflow a year earlier.

Conclusion

Ventura Guaranty’s September-quarter results show that the rise in profit came from both higher operating income and lower costs. Revenue from operations increased by Rs 4.91 crore, while employee-benefit, other and finance expenses all declined year on year, lifting profit before tax to Rs 15.44 crore from Rs 6.59 crore.

The filing does not disclose management guidance, targets or a scheduled corporate event. The next results will clarify whether the sequential fall in brokerage income to Rs 33.13 crore and the half-year operating cash outflow of Rs 161.08 crore persist, alongside the lower September-quarter expense base.