WSFx Global Pay Reports Strong FY26 Performance, Recommends Dividend
WSFx Global Pay Ltd. announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a total income of ₹11,196.51 lakh and a net profit after tax of ₹613.92 lakh for FY26.
Investor Returns and Future Growth
The company's board has recommended a final dividend of ₹1.50 per equity share, which will be subject to shareholder approval. This proposed dividend signals a commitment to returning value to shareholders. Alongside the financial performance, WSFx Global Pay has approved significant alterations to its Memorandum of Association (MOA). These changes are designed to allow the company to enter new business activities, specifically focusing on Payment Aggregator - Cross-Border (PA-CB) and Payment Service Provider (PSP) services within International Financial Services Centres (IFSC).
Operational Expansion Plans
To support its growth and expanded services, WSFx Global Pay also plans to open a new branch in Thane. The company aims to have this new location operational by June 1, 2026. Furthermore, M/s. SAAM & Associates LLP has been appointed as the Internal Auditors for the fiscal year 2026-27.
Financial Context
For comparison, in the previous fiscal year ended March 31, 2025, WSFx Global Pay reported a total income of ₹8,911.71 lakh and a net profit after tax of ₹346.99 lakh. As of March 2026, the company's total assets stood at ₹16,584.95 lakh.
Potential Impact of Labour Code Changes
The company noted an estimated increase in its gratuity liability by ₹3.79 lakh, attributed to recent changes in Labour Codes. Management stated they will continue to monitor these developments and review their estimates as further clarifications become available.
Next Steps for Investors
Investors will be looking for shareholder approval of the final dividend, the successful launch of the Thane branch, and any further updates regarding the impact of new Labour Codes on the company's financial liabilities.
