Earnings & Results
Munoth Financial Services Swings to ₹0.46 Lakh Net Profit as Investment Gain Offsets Revenue Drop
By News Desk ·
Key takeaways
- Munoth Financial Services reported a net profit of ₹0.46 lakh for Q2FY27, up from a net loss of ₹1.35 lakh in Q2FY26.
- Revenue from operations fell to ₹8.59 lakh from ₹21.04 lakh, while a ₹10.07 lakh gain on fair value of investments lifted total revenue to ₹18.68 lakh.
- Net cash used in operating activities was negative at ₹18.60 lakh for the half-year period, and the current ratio improved to 1.57 from 0.7.
Munoth Financial Services reported a net profit of ₹0.46 lakh for the second quarter ended September 30, 2026, reversing a net loss of ₹1.35 lakh in the same quarter a year earlier. ScanX said the swing came as a gain on fair value of investments offset a decline in operating revenue.
Munoth Financial Services is a Chennai-based public company incorporated in 1990 and listed on the Bombay Stock Exchange, according to akta.pro company records. It provides merchant banking and depository services.
How the Investment Gain Lifted Munoth's Profit
Revenue from operations fell to ₹8.59 lakh in Q2FY27 from ₹21.04 lakh in Q2FY26. A gain on fair value of investments of ₹10.07 lakh, against nil a year earlier, brought total revenue to ₹18.68 lakh, compared with ₹21.04 lakh.
Total expenses declined to ₹18.22 lakh from ₹22.39 lakh. Employee benefit expenses rose to ₹7.99 lakh from ₹5.09 lakh a year earlier.
ScanX said the gain on fair value of investments made up more than half of total revenue for the quarter, and that revenue from operations alone was insufficient to cover total expenses. The company's current ratio improved to 1.57 from 0.7 in the previous year, and cash and cash equivalents stood at ₹7.03 lakh as of September 30, 2026.
Munoth's Cash Flow and Operating Base
Net cash used in operating activities was negative at ₹18.60 lakh for the half-year period, according to ScanX. The company's equity shares are listed on the Bombay Stock Exchange, and it has handled over 100 IPOs, ESOPs and mergers and acquisitions as a merchant banker, the same records show.
Munoth's Path to the Q2 Results
Munoth Financial Services said it would hold its 35th annual general meeting on September 28, 2026, by video conferencing, with e-voting open from September 25 to September 27, ScanX reported. The company filed its FY26 annual report with the BSE under SEBI LODR regulations.
For the quarter ended March 2026, Munoth Financial Services reported a standalone net loss of ₹1.27 crore, widening from a net loss of ₹0.43 crore in the same quarter of the previous year, Business Standard reported.
What Comes Next for Munoth Financial Services
Munoth Financial Services has not stated a date for its next results announcement in the report. Its 35th annual general meeting was scheduled for September 28, 2026, with e-voting from September 25 to September 27, 2026.