Student volumes rebounded, supported by growth in the UK, Germany, and other European markets, despite a slowdown in the US and Canada, highlighting the strength of the company’s channel relationships
FinTech BizNews Service
Mumbai, November 7, 2025: WSFX Global Pay Ltd (BSE: 511147), an RBI-licensed AD II specializing in foreign exchange and cross-border payments, has announced its unaudited financial results for the quarter and six months ended September 30th, 2025 in the Board meeting held on 04th November, 2025.
Key Financial Highlight (Rs. Crore)
Particulars | Q2 FY26 | Q1 FY26 | H1 FY26 |
Gross Turnover (Rs. Crs) | 2,063.22 | 1,094.18 | 3,157.40 |
Revenue from Operations (Rs. Crs) | 34.96 | 18.44 | 53.41 |
Other Income | 0.90 | 0.61 | 1.51 |
PBT | 4.86 | 0.16 | 5.03 |
PAT | 3.67 | 0.16 | 3.83 |
Key Highlights for Q2 FY26
· Revenue from operations surged to ₹34.96 crore in Q2 FY26, up from ₹18.44 crore in Q1 FY26, reflecting ~2x quarter-on-quarter growth — a clear indicator of accelerating business momentum.
· Profit Before Tax jumped to ₹4.86 crore, from ₹0.16 crore in Q1 FY26, marking an exceptional ~30x growth, driven by improved margins and operational efficiency.
· Profit After Tax climbed sharply to ₹3.67 crore from ₹0.16 crore, showcasing a remarkable ~23x increase (over 2100%), underscoring strong profitability expansion.
Operating metrics continue to scale robustly, with Card business growing at an 86.7% 5-year CAGR and Remittance at 40.6%, reflecting consistent high-performance growth engines.
· Sustained multiplier effect from digital-first offerings, operational scalability, and an asset-light model, enabling cost efficiency and long-term value creation.
· Product launches at the Global Fintech Fest 2025 included the Xplorer Metal Global Card, GlobalPay Smart Switch Card, Multi-Currency Card, and Zaggle co-branded card, along with DreamFolks Pay-Per-Use Transit Exclusive Features and card tokenisation on Samsung / Google Wallets.
Commenting on the result, Mr. Srikrishna Narasimhan, CEO, WSFX Global Pay Ltd. said, “I am pleased to share that this quarter reflects a strong operational and financial performance, driven by improved segmental traction, disciplined cost management, and continued digital expansion. Student volumes rebounded, supported by growth in the UK, Germany, and other European markets, despite a slowdown in the US and Canada, highlighting the strength of the company’s channel relationships. During the quarter, we successfully launched six new products, reinforcing our commitment to innovation and customer-centric solutions. Our strategic partnerships and integrations with leading players such as DreamFolks, Zaggle, Samsung, and Google further reflect our intent to build a comprehensive and synergistic ecosystem for Global payments.
We are focused on deepening digital adoption, expanding our partner network, and building innovative forex and payment-tech solutions that deliver long-term value to our customers and shareholders.”
