Khandwala Securities Q2 Net Profit Grows to Rs 0.59 Crore

Revenue grew to Rs 3.71 crore in Q2 2026, while the half-year net profit reached Rs 0.68 crore.

Reader Takeaway: Higher fee-based income drives profit growth, but volatility in stock investment operations persists as a challenge.

What just happened

Khandwala Securities released its financial results for the quarter and half-year ended September 30, 2026. The company posted a consolidated net profit of Rs 0.59 crore, up from Rs 0.24 crore in the September 2025 quarter. Sequentially, the company improved its profitability compared to the Rs 0.08 crore reported in the quarter ended June 30, 2026. The financial results include an unmodified limited review report from the auditors.

Why this matters

The results mark a successful turnaround for the company at the half-year mark. After reporting a loss of Rs 0.34 crore in the first half of the previous fiscal year, the company has now achieved a positive net profit of Rs 0.68 crore for the same period this year. This indicates a stabilizing operational performance, driven largely by the fee-based services segment.

Segment Performance

Fee-based operations remain the primary engine for the company, contributing Rs 3.64 crore in revenue for the recent quarter, up from Rs 3.23 crore in the same period last year. Conversely, the Investment/Stock operations segment faced headwinds, reporting a segment loss of Rs 0.05 crore, a reversal from the Rs 0.11 crore profit recorded in the corresponding period of the previous year.

What to track next

Investors should monitor the consistency of fee-based income and the ability of the management to mitigate losses within the investment and stock operations segment. The turnaround in profitability is a positive sign, but the volatility in the investment portfolio remains a variable that could impact future bottom-line figures.