WSFx Global Pay Q2 Profit Rises 16.1% as Assets Grow

September-quarter result at a glance

WSFx Global Pay Limited reported a 16.1% year-on-year increase in net profit for the quarter ended September 30, 2026. The forex services company posted net profit of ₹426.03 lakh, compared with ₹366.89 lakh in the corresponding quarter of the previous year. The result provides an updated view of the company’s operating performance in its foreign exchange and outward remittance business. WSFx Global Pay said its board approved the unaudited results on October 26, 2026. The approval also covered the limited review report issued by statutory auditor S.R. Batliboi & Co. LLP.

Net profit increases from last year

The ₹59.14 lakh increase in quarterly net profit represents the reported 16.1% year-on-year growth. The company did not provide revenue, expense, or segment-level figures in the information available. As a result, the reported profit growth is the main comparable financial indicator for the September 2026 quarter. The result comes from a company operating in a regulated forex services market, where customer transactions span currency exchange, prepaid forex cards and remittances. Investors will need to refer to the complete financial statements for a fuller assessment of margins and operating costs.

Total assets show a sharp increase

WSFx Global Pay reported total assets of ₹35,536.33 lakh as of September 30, 2026. This compares with ₹16,584.95 lakh at the end of FY26, based on the figures provided by the company. The reported increase reflects a substantial expansion in the balance-sheet base over the comparison period. Current assets were identified as a major driver of this movement. In particular, cash and trade receivables rose to ₹5,686.30 lakh from ₹2,843.38 lakh.

Key reported financial data

Equity capital remains unchanged

The company’s equity capital stood at ₹1,268.66 lakh and was reported as stable. Other equity was ₹3,178.29 lakh as of September 30, 2026. Together, these figures provide context for the company’s reported capital base alongside the expansion in total assets. The information supplied does not specify whether there were changes in debt, working-capital facilities, or other liabilities during the period. Therefore, the balance-sheet movement should be viewed only through the reported asset, equity and current-asset data.

Board approves unaudited results

The board meeting on October 26, 2026 approved WSFx Global Pay’s unaudited quarterly and half-yearly results for the period ended September 30, 2026. The statutory auditor, S.R. Batliboi & Co. LLP, issued a limited review report in connection with the results. A limited review is part of the company’s quarterly reporting process for listed entities. The announcement places the September-quarter figures within the company’s regular disclosure cycle. It also provides investors with confirmation that the results were formally considered by the board.

Forex and remittance business model

WSFx Global Pay is a public limited listed company incorporated on April 25, 1986, with its registered office in Maharashtra. The company was formerly known as Wall Street Finance Limited and changed its name to WSFx Global Pay Limited in December 2022. It is an RBI-licensed Authorized Dealer Category II foreign exchange house. Its offerings include foreign currency notes, single and multi-currency forex prepaid cards, outward remittances and university fee payments. The company also provides travel insurance, education-related forex services and other cross-border payment solutions.

Digital platforms support customer access

The company operates digital platforms for customer onboarding and forex management. These include the GlobalPay app and web portal, which offer digital onboarding, online A2 forms, V-CIP and order tracking. Its Smart Corporate platform addresses enterprise travel-related forex requirements, while Smart Agent supports customer forex and remittance management. WSFx also offers Forex Platform as a Service, or FPaaS, for online forex and remittance solutions. These products sit alongside the company’s branch-led and service-based forex operations.

Earlier investor disclosures

WSFx Global Pay filed an investor presentation for the quarter ended June 30, 2026 on August 16, 2026. It had also filed an investor presentation on its performance for the quarter and financial year ended March 31, 2026 on May 21, 2026. Separately, its Q3FY26 investor presentation highlighted 38% year-on-year gross transaction value growth and 71% growth in profit before tax. That presentation described the company as serving more than 100,000 customers through digital platforms and 21 branches across India. These earlier disclosures provide operational context, although they relate to periods preceding the September 2026 results.

What the result means for investors

The September-quarter disclosure shows higher reported profit and a larger asset base for WSFx Global Pay. The rise in cash and trade receivables is notable because both were specifically identified as contributors to current-asset growth. However, the available information does not include quarterly revenue, transaction volumes, operating expenses or cash-flow details. Investors assessing the result should therefore distinguish between confirmed metrics and information not disclosed in the supplied announcement. Future company filings, investor presentations and conference-call disclosures may provide additional detail on business performance and balance-sheet movements.

Conclusion

WSFx Global Pay’s net profit rose 16.1% year-on-year to ₹426.03 lakh in the quarter ended September 30, 2026. Total assets were reported at ₹35,536.33 lakh, with higher cash and trade receivables contributing to the increase. The board approved the unaudited results and the related limited review report on October 26, 2026. The company’s subsequent regulatory filings will be the next source of detail on its operating and financial performance.