WSFx Global Pay Recommends Rs 1.50 Dividend After Rs 6.14 Cr Profit

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AuthorRiya Kapoor|Published at:
WSFx Global Pay Recommends Rs 1.50 Dividend After Rs 6.14 Cr Profit
Overview

WSFx Global Pay announced audited financials for fiscal year 2026, showing a net profit of Rs 6.14 crore. The company's board recommended a final dividend of Rs 1.50 per share. Plans also include altering the Memorandum of Association and opening a new branch in Thane.

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WSFx Global Pay Reports FY26 Profit of Rs 6.14 Crore, Recommends Dividend

WSFx Global Pay Ltd has announced its audited financial results for the fiscal year ending March 31, 2026. The company reported revenue from operations totaling ₹10,794.33 lakh (₹107.94 crore) and a net profit after tax of ₹613.92 lakh (₹6.14 crore).

Dividend and Expansion Plans

The Board of Directors has recommended a final dividend of Rs 1.50 per equity share. This payout signals the company's profitability and confidence in its earnings outlook.

In addition to the dividend, WSFx Global Pay plans to alter its Memorandum of Association (MOA), which may reflect updated business objectives or regulatory compliance. The company is also set to expand its physical presence with a new branch planned for Thane, tentatively scheduled to open by June 1, 2026.

Strategic Outlook

These developments indicate a strategy focused on returning value to shareholders and increasing market reach. The expansion into Thane aims to enhance customer service and potentially boost transaction volumes in the region.

Shareholder Actions

Shareholders will await the Annual General Meeting for final approval of the recommended dividend. The opening of the Thane branch is also a key event to track for its operational impact.

Potential Challenges

Risks to monitor include the successful integration and profitability of the new Thane branch, ongoing market competition within the payments sector, and evolving regulatory requirements.

Key Financials and Timelines

  • Fiscal Year Ended: March 31, 2026
  • Board Meeting Date: May 19, 2026
  • Audited Revenue (FY26): ₹10,794.33 lakh
  • Audited Net Profit (FY26): ₹613.92 lakh
  • Recommended Final Dividend: Rs. 1.50 per equity share
  • Planned Thane Branch Opening: Tentatively June 01, 2026

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