Emkay profit tanks 98 percent in Q2
Emkay Global Financial Services reported a net profit of Rs 0.45 crore for the September quarter, a 98 percent drop from Rs 25.90 crore in the same period last year. Revenue from operations fell nearly 34 percent year-on-year to Rs 72.08 crore from Rs 108.56 crore, though it stayed flat compared with Rs 72.97 crore in the previous quarter. Profit declined from Rs 4.78 crore in Q1 FY26.
Total expenses for the quarter were Rs 76.75 crore, down from Rs 83.38 crore a year earlier. On Friday, the company’s shares traded at Rs 314, up 1.67 percent intraday. The stock has lost 1.56 percent over five days and 0.31 percent in the past month but gained 54.40 percent over six months. Year-to-date, it rose 1.84 percent, though it fell 13.53 percent over the past year.
Founded in 1995 and based in Mumbai, Emkay offers broking, investment banking, wealth management, and research services. It operates through multiple subsidiaries and launched an international arm in Singapore in 2021, serving institutional and retail clients.
