SPV Global Trading Reports Q2 Net Profit of Rs 1.66 Crore

Revenue rose to Rs 2.19 crore from Rs 0.01 crore, while net profit hit Rs 1.66 crore.

Reader Takeaway: Strong revenue growth fuels a quarterly profit turnaround, but negative operating cash flow requires investor caution.

What just happened

SPV Global Trading Ltd has posted its standalone financial results for the quarter ended September 30, 2026. The company reported a net profit of Rs 1.66 crore, a significant improvement over the net loss of Rs 0.04 crore reported in the same quarter last year. Revenue from operations saw a massive jump to Rs 2.19 crore, compared to just Rs 0.01 crore in the year-ago period.

Why this matters

The profitability swing is supported by a surge in total income, which reached Rs 5.46 crore this quarter. This shift reflects a change in the company's operational dynamics. The financial results have been reviewed by statutory auditors Sigmac & Co., who issued an unmodified report.

Balance Sheet and Cash Flow

As of September 30, 2026, the company’s non-current investments grew significantly to Rs 139.16 crore, up from Rs 13.09 crore at the end of March 2026. However, the company reported a negative net cash flow from operating activities of Rs 24.64 crore for the first half of the current fiscal year. Net cash used in investing activities stood at Rs 219.24 crore.

Context

In the previous fiscal year, the company completed the sale of its 54.9% stake in Rashtriya Metal Industries Limited for Rs 310.16 crore, a move that heavily impacted the previous year's balance sheet through an exceptional gain.

What to track next

Investors should monitor the company’s ability to generate positive operating cash flow, as the current burn rate in investment activities remains high. The company's future performance will depend on the sustainability of its trading revenue.